Selerity and Lime Brokerage to provide integrated event-driven platform
First Published 16th April 2012
Systematic and automated traders can now model, simulate, and implement event-driven investment strategies via the LimeTrader complex event processing platform
Ryan Terpstra, Founder and CEO, Selerity
"Partnering with a CEP engine and electronic broker will provide our clients with a truly end-to-end solution for event-based algorithmic trading."
New York and Chicago - Selerity, the provider of real-time event data solutions for the financial services industry, has announced that it has partnered with Lime Brokerage, the provider of low-latency trading technologies, to provide integrated event-driven data into LimeTrader, the multi-asset class trading engine. Through a direct feed into LimeTrader, clients will have access to Selerity's full suite of low-latency event data, including company earnings, macroeconomics, and energy data.
The Selerity and Lime partnership aims to provide trading firms with a way to incorporate low-latency, market-moving event data into their high-frequency trading strategies, along with a back-testing platform, as well as connectivity to major liquidity venues through a single API. Clients will now have the ability to incorporate Selerity's event data into their algorithms on the LimeTrader complex event processing (CEP) engine and execute them via Lime Brokerage's fully integrated front-to-back solution.
"Providing Selerity's event data through LimeTrader will enable a larger universe of firms to leverage news-based strategies in their trading algorithms," said Joe Signorelli, Managing Director, Strategy Development Division at Lime Brokerage. "Our clients can now benefit from a growing trend of incorporating unstructured content like news as another signal in their automated trading strategies."
"Partnering with a CEP engine and electronic broker will provide our clients with a truly end-to-end solution for event-based algorithmic trading," said Ryan Terpstra, founder and CEO of Selerity. "Combining LimeTrader's powerful analytics platform with Selerity's low-latency event data stream will give investors an edge in the market. The partnership enables traders and developers to now more efficiently test their algorithms, accelerate the timeframe for back-testing and go to market faster with new strategies."