Tag: Pragma Securities

July 28, 2017 BY Valentina Kirilova

Pragma introduces algorithmic triangulation for cross pair FX trading on Pragma360

Pragma, a multi-asset quantitative trading technology provider, announced that has enhanced Pragma360’s algorithmic suite to support triangulation of cross pair trading. The new functionality, created in response to client demand, allows traders to trade cross-pairs through triangulation to achieve better prices. By splitting the trade across more liquid currency pairs then triangulating the liquidity through…

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July 14, 2016 BY Mike Fox

Pragma launches TradeBase to enhance order routing transparency

Pragma Securities, a leading independent provider of multi-asset class, high performance algorithmic trading tools, has launched TradeBase, a relational database that provides clients real-time access to their parent and child FIX order messages for greater transparency to facilitate client risk management, compliance, and monitoring of their algorithmic orders. TradeBase is populated in real-time, and enables…

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April 11, 2016 BY Mike Fox

Pragma launches SmartFix algorithm to improve FX trading performance against WM/R 4pm

Pragma Securities, a leading provider of high performance algorithmic trading tools, has launched Pragma SmartFix, a new execution algorithm designed to improve average execution performance against the daily 4pm WM/Reuters foreign exchange benchmark fixing. The algorithm is based on patterns detailed in a research paper released by Pragma today. Following recommendations from regulators in the…

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December 09, 2015 BY Mike Fox

Pragma and MarketFactory announce completion of Forex solution for mutual banking client

Pragma Securities, an independent provider of quantitative trading technology, and MarketFactory, a leading provider of FX market access and pre-trade risk management solutions, announce that they have completed an integration for a mutual global bank client of the two firms. Pragma360 FX offers a full suite of trading tools, including execution algorithms, full transaction cost…

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