Contact Information: Contact Steven Smith +1 415 672 4716
4th Story Releases 4S.Blue Ridge Algo Trading Server
| Source: 4th Story
SAN FRANCISCO, CA--(Marketwire - April 14, 2008) - 4th Story, LLC, a premier provider of
automated trading software, today announced the release of its 4S.Blue
Ridge™ algorithmic trading server. Targeted at brokers and other
institutions managing order flow, 4S.Blue Ridge makes the development and
integration of custom execution and order routing algorithms technically
and economically approachable.
"The demand for this product was from sell side firms looking for a
competitive advantage by adding sophisticated algorithmic execution
capability," noted Steven Smith, Chief Executive Officer of 4th Story.
"Both bulge bracket and specialty brokers are finding it a flexible,
effective way to enhance to their DMA offerings."
Like all of 4th Story's automated trading products, 4S.Blue Ridge is fully
multi-currency and operates across asset classes, including equities,
futures and foreign exchange.
It can host standard execution strategies such as VWAP, pegged orders,
volume participation and pairs/multi-leg management as well as
sophisticated custom strategies for both agency and principal applications.
4S.Blue Ridge can also run smart order routing algorithms to help maximize
execution efficiency and meet MiFID and Reg NMS regulatory requirements.
4S.Blue Ridge was designed to be easily integrated into an existing order
management and market data infrastructure. The system can be loosely
coupled via FIX for both incoming and outgoing order flow, or tightly
coupled and effectively embedded in an internal OMS via its flexible
adapter architecture. The product comes bundled with remote instrumentation
and administration capabilities.
About 4th Story (www.4thstory.com)
4th Story, LLC's suite of software quickly enables and manages automated
trading opportunities for brokers, hedge funds and institutional traders.
The company's products give the user the power of rapid testing and
implementation of arbitrarily complex quantitative, algorithmic and
automated trading strategies.