20 February 2017
visit nextgenbanking.co.uk

Selerity expands market data coverage

27 June 2012  |  1374 views  |  0 Source: Selerity

Selerity, a provider of real-time event data solutions for the financial services industry, today announced the expansion of its macroeconomic event data coverage in both developed and emerging markets.

By expanding its international coverage, Selerity is able to serve a broader customer base engaged in foreign exchange and sovereign debt trading.

"Central bank rate decisions and macroeconomic reports can have a global impact given how tightly correlated markets have become," said Ryan Terpstra, Founder and CEO, Selerity. "Obtaining immediate access through a clear latency advantage to these data points is a natural extension of Selerity's existing global strategy."

"Event-based trading community members are finding it increasingly challenging to differentiate themselves by only playing in the domestic markets," said Brendan Gilmartin, Vice President, Content and Research, Selerity. "By delivering additional event data at low latency for countries outside the G-7, market participants are now able to broaden their strategies and more effectively manage risk."

As global market-moving events have the ability to greatly impact investment portfolios, automated traders need a way to hedge risk while diversifying trading strategies. Through Selerity's expanded offering, event-based traders are now able to further enhance their strategies by incorporating new data into their algorithms in order to leverage opportunities in more liquid international markets.

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit contisgroup.com

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
14809 views 11 comments | 50 tweets | 84 linkedin
Nesta launches £5 million Open API challengeNesta launches £5 million Open API ch...
10101 views comments | 21 tweets | 18 linkedin
Jaguar embeds payments into digital dashboardJaguar embeds payments into digital dashbo...
9615 views comments | 48 tweets | 56 linkedin
The fintech effect: Banks buy in to benefits of boosting financial well-beingThe fintech effect: Banks buy in to benefi...
8879 views comments | 15 tweets | 11 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
7703 views comments | 16 tweets | 12 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job