Nexa Technologies, a California-based provider of online and direct access trading solutions, says it has started selling its Spinnaker application to hedge funds and proprietary trading groups.
Eric Stoop, President, Nexa Technologies, Inc., says: “The swift rise in electronic trading presents real opportunities for those fund managers and quantitative traders with the right black box technology in place to quickly take advantage of new trading opportunities. By offering a ‘one-stop shop’ black-box solution, clients no longer need to outsource each component and can focus on developing dynamic trading strategies rather than managing the technology required to execute them.”