Almont Capital is the Latest Money Manager to Deploy Deltix’s Automated FX Trading Solution with CitiFX TradeStream

Thursday, July 18, 2013 at 9:41AM

Deltix, Inc., a leading provider of software and services for the development and deployment of advanced alpha generation and execution strategies announced that Almont Capital has started production trading on Deltix’s automated FX trading solution QuantServer, deployed in the Equinix NY4 data center. Using QuantServer, Almon17t’s automated FX trading strategies are executed on CitiFX’s TradeStream aggregated FX liquidity feed.

“We have been using Deltix QuantOffice for research and back-testing for several months. We are very pleased now to be deploying models for live trading that we developed, tested and optimized on that platform. It was important for us and our investors that we utilize institutional grade services. We have achieved this by trading with Citi on the Deltix platform hosted in Equinix NY4.”

“More firms are trading FX on an automated basis”, said Ilya Gorelik, CEO and Founder of Deltix. “Successful managers not only have good processes for researching and testing new trading strategies, but also top quality data feeds, software, infrastructure and support so that these strategies achieve their full potential”.

“CitiFX TradeStream liquidity is designed for mid-market institutional clients with a need for access to high quality aggregated pricing. Our solution in partnership with Deltix has been built to facilitate efficient and simple onboarding of customers onto an integrated solution, and we are very pleased to have this opportunity to work with Almont Capital and Deltix,” said Alex Knight, Global Head of CitiFX Margin Trading.