Fluent Trade Technologies Enters Partnership With Solace Systems To Boost Automated Trading Systems

Fluent Trade Technologies has today announced a strategic partnership with Canadian connectivity infrastructure provider Solace Systems in order to provide a trade messaging middleware solution to the firm’s trading system.

This year’s somewhat gargantuan steps made by connectivity, hosting and big data firms wishing to increase their level of technological prowess has so far been an interesting dynamic, and Fluent Trading Technologies’ widening of scope is in line with this.

The firm provides ultra-low latency connectivity to electronic trading firms, as well as feed handlers, data compression and big data solutions.

In this case, the alliance made between the two companies will reduce the effort and cost which would otherwise be required in developing an in-house messaging platform. One of the main factors which led to Fluent Trade Technologies selecting Solace Systems was to use the company's unified messaging platform to stream data to trading algorithms, as well as supporting systems.

At this year's iFXEXPO in Cyprus, Jeff Ward, Global Head of FX Sales & EBS Direct at ICAP addressed delegates of the conference's panel on technology with the view that "efficiency and economy to be of vital importance in future".

“In times ahead, there will be a focus on cost of execution. This is where low cost value for money is becoming increasingly important. There will be a lot of compression on costs over the next few years” explained Mr. Ward.

Mr Ward elaborated further on this matter, and explained that companies can improve efficiency and drive cost down whilst still providing seamless execution by operating a central order book and investing in their respective platform technology, therefore being able to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term distribution internationally.

“Relationship and understanding who you’re trading with and what orders are being placed along with trading behavior are critical matters. If transparency is present, and it is known which party is dealing with which, a relationship can be built” concluded Mr Ward.

With recent purchases by large software corporations of big data firms for real time Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term and CEP platforms, there is something of a pattern emerging and that those in the business of providing trading infrastructure are concurrent with this line of thinking.

Prioritizing of Availability

By incorporating Solace’s messaging middleware into their trading system, Fluent has created a scalable one-box solution that’s fully redundant for high availability.

This platform is intended to offer aclients fast, reliable trading-related service that can be customizable to implement even the most complex trading strategies.

“Solace has enabled us to focus on developing the most client-centric trading and brokering system in the industry,” stated Fluent Trade Technologies’ COO Joel Steinmetz.

“With Solace, we can offer best-in-class performance and reliability, and tailor our service to the unique needs of each client.”

Fluent Trade Technologies expects to use Solace Systems technology to efficiently distribute trading information to front- and back-office systems, to big data warehouses that let clients run complex queries, and to users of web-based client applications.

“The buy-side is undergoing some exciting changes with technology leaders like Fluent making world-class trading infrastructure an off-the-shelf experience,” said Craig Betts, CEO of Solace Systems. “We’re pleased to be helping Fluent deliver these leading-edge services to their clients.”