Interactive Brokers signs up to Actants ExStream Product

Actant, the trading solutions provider, has announced the successful integration of its ExStream programmable trading application with Interactive Brokers execution technologies.

Actant ExStream is a new breed of algorithmic trading software designed to give traders improved performance and control. Using ExStream Quick Script, traders can develop custom algorithms capable of executing multi-leg multi-asset class trading strategies across multiple trading venues.

Whilst IB clients will continue to benefit from IB's direct market access to stocks, options, futures, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, bonds and funds, the addition of ExStream intends to enable a level of algorithmic price discovery, options execution management, smart hedge, spread trading and portfolio Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term previously enjoyed solely by larger trading desks and financial institutions.

Rob Prior, CEO of Actant Inc, said, "Our ExStream product delivers an algorithmic trading capability we believe is unrivalled. Users will enjoy the benefits of developing their own trading strategies in real-time, with the flexibility to quickly modify a strategy to take advantage of changing market trends, all without compromising on performance or safety".

Interactive Brokers recently started publishing its forex stats.