Maxim Group LLC has gone live with Fidessa Group’s BlueBox application.
Available in the US, Canada, Europe and Asia, Fidessa BlueBox is a fully-integrated, scalable algorithmic trading application providing sell-side firms with industry-standard benchmark strategies along with a framework for building their own proprietary models.
A hosted Fidessa customer since March 2006 for its OTC & listed trading desks, Maxim can offer its clients access to BlueBox’s latest algorithmic strategies.
“With BlueBox, we have been able to quickly move into the algorithmic space by leveraging industry-strength algorithms without the need to build and maintain our own technical infrastructure,” says James Orazio, president of Maxim Group.