Selerity, a provider of real-time event data solutions for the financial services industry, has announced today the availability of Australian economic event data via its ultra-low-latency platform.
Investors now have access to economic data sourced directly from Selerity event analysts at the Australian Bureau of Statistics (ABS), as well as important economic data from the Reserve Bank of Australia (RBA).
Using Australian economic event data, institutional investors and active traders can expand their strategies internationally, providing a new way to generate alpha and manage event-based risk. The accreditation as a financial information company allows Selerity access to all of the key economic statistics produced by the ABS, providing additional event data streams that investors can use to deploy trading strategies impacted by the Australian economy.
"Programmatic traders continue to look overseas at international markets to deploy new event-based trading and risk strategies and use international events in their domestic trading models," said Ryan Terpstra, Founder and CEO of Selerity. "Our accreditation in Australia allows us to provide ultra-low-latency event data directly from the ABS to our clients as soon as it becomes public and marks the beginning of Selerity's international expansion strategy. As Australia continues to become a major player in the APAC region and globally, our new offering provides critical and timely data on the Australian economy."
"Proprietary trading firms, technology driven hedge funds and investment banks are increasingly looking to diversify their event-based trading strategies. Having geographic and content diversity in our event coverage offers Selerity clients new opportunities to find alpha," commented Jeff Otten, Vice President of Global Sales at Selerity. "Our clients are using Australian economic releases to trade foreign exchange and futures products in the US and internationally."
Selerity's low latency event data platform gives clients access to key breaking Australian economic indicators including, but not limited to, the Labour Force Survey, GDP, RBA Rate Decision, Trade Balance and the Consumer Price Index.