The futures and options trading group at JPMorgan has gone live with Apama (UK) Limited’s suite of Trading Strategy Management technologies.
Apama’s technology aims to enable traders to re-model their strategies to take advantage of new, real-time opportunities for arbitrage and program trading. JPMorgan thinks the technology will allow its futures and options traders to analyse, evaluate and respond to events within a sub-millisecond timeframe, significantly enhancing trading capability for clients.
JPMorgan’s partnership with Apama is a strategic step towards the expansion of electronic trading for the firm’s Futures & Option’s business.
Alison Pothier, Global Head of Electronic Trading for Futures & Options at JPMorgan, says the technology is allowing JPMorgan to differentiate itself through the provision of value-added trade ideas and sophisticated trading tools. “As an engine, Apama is an enabler allowing JPMorgan to leverage its investment in global trading connectivity to provide advanced modelling and execution services,” she says
Peter Beard, CEO, Apama (UK) Limited, adds that the implementation at JPMorgan proves the strengths of Apama technology. “To create competitive advantage in the trading marketplace requires the combination of the right kind of real-time decision enhancing technology – Apama – and the institutional knowledge and expertise that JPMorgan has developed,” he says.