New York - REDI Global Technologies has announced the launch of its new Spread Trader. It is available immediately to all REDI clients globally.
With Spread Trader, users can trade pairs of securities using a variety of market-neutral strategies - including ratio, risk arbitrage and relative price - designed to help maximize spread capture and minimize execution risk.
Spread Trader is one of the first applications to be rolled out on REDI's platform, which includes a rewrite of the entire technology stack. Spread Trader is written in HTML5 running in an OpenFin container, enabling changes to be deployed on the back-end without requiring users to upgrade versions.