Royalblue's 'BlueBox' Mixes Algorithms

CYBER-TRADING TECHNOLOGIES

NEW YORK—The U.S. arm of U.K.-based trading technology vendor Royalblue is planning to launch a system in the second half of this year that allows traders to structure combinations of trading algorithms, dubbed BlueBox, using the vendor's Fidessa transaction platform.

With BlueBox, users will be able to access the algorithmic trading tools from sell-side firms via application program interfaces (APIs) that are part of the Fidessa system. Users will be able to access the algorithmic wares of firms

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