Contact Information: Contact: Steven Smith +1 415 672 4716 Jeff Grossman +353 (1) 670 04 55
4th Story Connects to BAXTER-FX's Foreign Exchange Offering
| Source: 4th Story
SAN FRANCISCO, CA--(Marketwire - June 6, 2007) - 4th Story, a leading provider of
automated trading software to institutions, hedge funds and broker-dealers,
today announced connectivity to BAXTER-FX's multi-bank system --
currencydealing.net.
Automated and algorithmic trading strategists using 4S.Everglades™, 4th
Story's high-performance real-time trading strategy platform, can now
develop and run trading models on Baxter's ECN. Baxter has one of the
world's most competitive and liquid ECNs for trading Spot FX, offering
real-time data, order book, and matching.
"Currencydealing.net is one of the more unique and innovative platforms
that we have integrated with," said Steven Smith, Chief Executive Officer
of 4th Story. "It is a great complement to our multi-asset class,
multi-currency products for real-time algorithmic and alpha strategy
trading."
"Trading strategists using 4S.Everglades for automated model operation and
execution can now access the advantages of deep liquidity and real-time
order matching on over 70 currency pairs," said Jeff Grossman, Head of
Sales at Baxter Financial. "4th Story has one of the most user-friendly
solutions for algorithmic and program trading. We are delighted to be
working with a company that is as customer focused and flexible as
ourselves."
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.
About Baxter (www.baxter-fx.com)
BAXTER Financial Services Ltd. is a global "Best Execution" and Technology
group specialized in the Foreign Exchange markets. BAXTER-FX operates one
of the world's most competitive and liquid ECNs for trading Spot FX. We
believe that innovation, market knowledge, and technical expertise are the
keys to enhance customer service.