10:04 AM
Integral Offers Hosted Solution For FX Algorithmic Trading Firms
Integral Development Corporation announced an end-to-end hosted solution designed specifically to address the needs of algorithmic trading firms in foreign exchange.
Delivered On Demand, Integral 's solution provides the machines, network, applications, access to liquidity and APIs a systematic trading firm requires to run its algorithms, the vendor said.
Co-located in data centers with FX Grid, Integral's global inter-institutional connectivity and trading network, the service virtually eliminates latency, according to the vendor.
Clients have the option of using their own proprietary hardware or lease managed blade servers from Integral. Both options allow customers to reside in managed enclosures run by Integral.
Users can deploy their own proprietary applications and access liquidity through the FX Inside API, or take advantage of FX Inside HD, Integral's ultra-low latency version of FX Inside Professional EMS (Execution management system).
"Some very smart algorithmic traders spend countless unnecessary man-years building and deploying IT infrastructure on which to run their trading strategies," Harpal Sandhu, CEO, Integral Development Corporation, said in a release.
"Since Integral has the means and resources to get them up and running in no time, we decided to package it as a service and make it available for a nominal fee. We are convinced that this reduced friction will enable even more participants to enter and thrive in the FX market."
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio