Ágora Corretora de Titulos e Valores Mobiliarios S.A. (CVTM), a division of Banco Bradesco S.A. (Bradesco) and one of the largest brokers in Brazil’s securities industry, has a new suite of proprietary algorithms for equities and options driven by the Progress® Apama® Capital Markets Platform. Along with providing many new alpha seeking and execution strategies, it also allows Agora customers to access the new algorithms via an intuitive web interface.

According to Progress, "Effective and secure trading is a key component in sustaining confidence in Agora’s clients. With the continuous threat of strong competition, brokers have to offer their clients new strategies continuously to help them stay one step ahead of their competitors."

As stated in Progress’ press release, Bruno Nunes, head of algorithm development at Agora, noted, "We were the first broker to develop and deploy unique trading strategies for the Brazilian market. Indeed, Agora is taking advantage of the Apama platform, which is indisputably the only real-time platform that makes algorithmic development tools readily accessible to different types of users."

Learn more about Agora's new algorithms based on Progress technology!