BlueBox provides strategies for trading markets

The Fidessa BlueBox system from Royalblue is an integrated and scalable algorithmic trading system.

The Fidessa BlueBox system from Royalblue is an integrated and scalable algorithmic trading system. 

Available in the US since last October, BlueBox provides easy access to pre-built, industry standard algorithmic strategies, along with a toolkit for clients wanting to build their own proprietary models.

Built on the Fidessa trading platform, which is already widely used by equity brokers, BlueBox incorporates low-latency market data and global exchange connectivity.

It is designed to be an easy-to-deploy and cost-effective solution for brokers keen to enter the algorithmic trading space, said Royalblue.

BlueBox not only provides access to industry standard, out-of-the-box algorithms, including VWAP, TWAP, Arrival Price and Percentage of Volume, but also supports the development and deployment of proprietary algorithms for both equities and derivatives.

Philip Slavin, head of European product strategy at Fidessa, said, “As competition grows, it’s important that brokers have the flexibility to tailor standard algorithms for specific needs, and to differentiate their offering with the provision of their own bespoke models.”

BlueBox provides a Java toolkit to support the design, testing and validation of new systems.

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