Panel: New Markets Eye Event Processing Tech

"Algo trading is the biggest use of event processing, where the EP engine contains rules about how to respond to streaming market data, such as to execute a spread trading strategy," says John Bates, vice president of products and field services at Progress Apama, who spoke at the panel session. "It started in equities, and moved to futures and options … and now we've seen applications in fixed income for pricing and trading. For markets that are request-for-quote-based, the market

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