PRESS RELEASE
StreamBase Releases Order Execution Strategies for High Frequency Trading
CEP Vendor Showcases Open, Customizable “White Box” Strategies Designed to Achieve Best Execution at DWT Best Execution Event in New York
NEW YORK (NY) — October 5, 2009 — StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced the release of a new library of open, extensible order execution trading strategies. These strategies will be showcased at the Dealing With Technology Best Execution USA 2009 event in New York City tomorrow and in a webinar on Thursday October 8th at 10am ET.
“StreamBase’s approach to providing open, extensible trading strategies allows firms to add their own intellectual property and differentiate their trading strategies in the market,” said Richard Tibbetts, CTO, StreamBase. “Each strategy is 100% customizable and integrated into our existing trading system frameworks. This integration allows firms to focus on developing unique strategies, back testing and iterating the business logic in their algorithms rather than spend time on the underlying trading infrastructure which is already integrated with basic strategies, with pre-built connectivity and pre-optimized for performance.”
StreamBase’s frameworks for Capital Markets have three key components designed to accelerate time-to-market: pre-built market data connectivity, sample business logic and multiple visualization options. The frameworks are 100% customizable, allowing firms the freedom to implement their own proprietary trading strategies on StreamBase’s high-performance CEP platform while offering the rapid time to market of a single-purpose solution.
StreamBase’s customizable order execution strategies are:
StreamBase will showcase this new library of order execution strategies at the DWT Best Execution USA 2009 at event on Tuesday October 6th at the Westin Hotel in New York, where StreamBase CTO, Richard Tibbetts will be speaking at 2pm ET. The new library of order execution strategies will also be featured in a webinar on Thursday October 8th at 10am ET entitled “How to Achieve Best Execution with White-Box Algorithmic Execution” .
For more information please contact:
StreamBase
Justin Fry
StreamBase Systems, Inc.
Tel: +1 (781) 761-0839
Email: press-enquiries@streambase.com
Twitter channels
our company: http://www.twitter.com/streambase
our CEO: http://www.twitter.com/mrkwpalmer
our CTO: http://www.twitter.com/tibbetts
Facebook: http://www.facebook.com/streambase
Blog: http://streambase.typepad.com
Web: http://www.streambase.com
About StreamBase
StreamBase Systems, Inc, a leader in high-performance Complex Event Processing (CEP), provides software for rapidly building systems that analyze and act on real-time streaming data for instantaneous decision-making. StreamBase’s Event Processing Platform™ combines a rapid application development environment, an ultra low-latency high-throughput event server, and the broadest connectivity to real-time and historical data. Leading investment banks, hedge funds, and government agencies use StreamBase to power mission-critical applications that increase revenue, lower costs, and reduce risk. Applications in Capital Markets include FX Aggregation and Pricing, Smart Order Routing, Market Data Management and Algorithmic Trading. StreamBase customers include CME Group, ConvergEx Group, RBC Capital Markets, PhaseCapital and BlueCrest Capital Management. The company is headquartered in Lexington, Massachusetts with offices in New York, Washington D.C. and London. For more information, visit www.streambase.com.