Pragma rolls out real-time algo order-tracking system
Clients gain access to the Fix messages of all their parent and child orders
Algorithm technology provider Pragma has launched a database that provides clients with real-time access to the Financial Information eXchange (Fix) messages of their parent and child algo orders. Until now, this data was only available to firms that built their own algo-trading platforms.
TradeBase, Pragma's new relational database, provides users with real-time information on all new child orders, amendments and cancellations.
"Transparency is at the heart of our value proposition and
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