Beta-Gamma Debuts FX Algo Offering
One unnamed bank is already live with the product. "We are targeting the kinds of banks that don't want the expense of hiring a quantitative team to trade FX, but want the trading advantages that smart algorithms can bring," says Howard Tolman, CEO and co-founder of Beta-Gamma.
The Java- and C++-based platform is designed to respond to external triggers, according to Tolman. "We are generally speaking about the FX positions arising from flow-based business. What Trigger Trader does after that
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