Currency trading firm ForexAtom has become a client of technology vendor Unified Global Solutions (UGS), FX Week reports. ForexAtom will use its Adaptware platform, which allows investment managers to deploy foreign exchange trading algorithms typically used only by bank proprietary traders.
Adaptware offers real-time calculation of the order-book skew. ForexAtom employs professional traders to invest in the FX market on behalf of investors, using brokers such as MF Global and Interactive Brokers Group.
Click here for the story from FX Week.