Link Investimentos, a Brazil-based independent brokerage house, has selected Apama Algorithmic trading platform from Progress Software, a provider of enterprise software services.
The Progress Apama Algorithmic trading platform enables Link Investimentos clients to create, test and implement customized trading strategies on the BM&F Bovespa. The platform also allows clients to back-test custom strategies in real time using data from domestic and international equities and futures markets, based on investor defined parameters.
Link Investimentos has made a corporate commitment to client strategy development. Among their responsibilities is to work with clients to customize trading strategies that maximize profits.
Additionally, Link Investimentos is also using the Apama Event Modeler, a graphical development environment that traders can use to develop algorithmic strategies. The Event Modeler offers the flexibility to design strategies customized to individual Link Investimentos investors’ requirements.
Daniel Mendonça de Barros, CEO of Link Investimentos, said: “To offer this advanced algorithmic platform to Brazilian investors is a competitive advantage for Link Investimentos, and we continue to concentrate our best efforts in investing in the right technology to benefit the individual investor. With the integration of the Progress Apama platform, we will be able to further increase our share of the equity market and secure new investors.”
John Bates, chief technology officer and Apama co-founder at Progress Software, said: “By using the CEP-powered Apama platform, Link Investimentos clients can rapidly model and deploy new custom trading strategies that execute with extremely low latency.”