BEDFORD, Mass., U.S.A.âFebruary 17, 2006â The adoption of algorithms has arguably grown faster than any other trading tool in the past eighteen months, creating new opportunities and challenges for todayâs market players.
Algorithmic trading technology has rapidly evolved beyond traditional third party âblack boxâ algorithms, to a tailored âwhite boxâ approach. This enables traders to build and customize algorithmic strategy models to capture their own intellectual property to gain competitive advantage and ROI. In addition, buy- and sell-side financial institutions are now able to optimize their trade executions beyond the traditional domain of equities, across all asset classes.
To explore algorithmic trading, and whether it strengthens our market structure, Dr John Bates, Vice President of Apama Products, Progress Software, will chair the discussion âMan vs. the Rise of the Machineâ at the TSX/RS Algorithmic Trading Conference, the first algorithmic trading conference of its kind in Canada, on February 22. The conference is jointly presented by TSX Markets and Market Regulations Services Inc.