LONDON, March 20, 2003 (PRIMEZONE) -- EasyScreen (LSE:EAS) today announced in response to client requirements for flexible, specialized and proprietary tools to support increasingly sophisticated and automated trading strategies, Easyscreen are pleased to announce the launch of EasyQuant.
EasyQuant is an advanced financial toolkit that enables users to develop, test & implement their own quantitative trading strategies & applications over multiple asset classes.
EasyQuant enables sophisticated traders to create, back-test and trade any cash, derivative or combined trading strategy in or across the full spectrum of currency, stock, commodity and bond markets. The EasyQuant toolbox provides a rich set of features, which can support the full range of futures, options & swap products traded in today's markets.
EasyQuant is fully FIX compatible. Clients can write their analysis or trading scripts in any available .NET language. The EasyQuant macro editor currently supports C(hash), VB.NET and Java Script. Once a new language is officially ported to .NET, clients can write their own systems using EasyQuant. You can also use COM and VBA to develop EasyQuant scripts in Excel. Clients may also build stand-alone trading systems using EasyQuant API and external tools like Microsoft Visual Studio and third party components.
EasyQuant is available as a standalone application, bundled with market connectivity via our Data centre, or as part of an integrated solution for Enterprise users. EasyQuant developers are available on a contract basis to Clients requiring implementation assistance or integration.
Asset Classes Supported: - Currencies - Stocks - Bonds - Commodities - Indicies Feature Set: - Smart order routing and electronic execution - Technical analysis & charting - FIX engine, testing & connectivity - Trading system development & back-testing - Portfolio, cash & position management - Derivative Pricing & Contribution - Risk Management - Data warehousing & real time data handling - Econometrics, Financial Mathematics & Quantitative tools - Portfolio and trading system optimization Examples of Trading Strategies that can be created: - Technical Trading -- All flavors of trend analysis systems across financial instruments - Cross Market Spreading -- T-Bill / Eurodollar, Crack spread's, ADR & Yield curve - arbitrage - Statistical Pairs, Sector & Program Trading - Predictive or Regression based trading - Market Making - Rules based execution & hedging - Multi-Legging - Spread Matriix - Cross-Product or Exchange arbitrage Using EasyQuant components, a user can create the following: - Integration of price feeds, news & content - Connections to historical data providers - FIX engine to establish connectivity to brokers, ECN's and derivative exchanges - A full scale market simulator to provide back-testing and market replay - Order entry and execution tools - Historical data stores - Trading rules, models and portfolio optimizers - Excel add-ins - Profit and Loss / Return calculations - Graphs and Charting tools
Commenting on the product launch, Chairman Philip Docker said: "While clients are constantly seeking to expand their electronic trading activities, they are finding it difficult to find 'off-the-shelf' products that work well across markets. EasyQuant will enable them to develop & protect their proprietary trading methods quickly and on a cost effective basis. We now offer the market a complete solution: Hosted connectivity via our datacenter, web distributable applications, pure FIX capabilities, and cash markets. Adding EasyQuant is a natural extension of our strategy to enhance the utility of EasyScreen's solutions."
About EasyScreen
EasyScreen is a global supplier of software Solutions enabling connectivity to electronic exchanges. The company is rated as a Tier One Independent Software Vendor (ISV) by LIFFE and connects to EUREX, Euronext Paris (Matif), Chicago Board of Trade (a/c/e), Chicago Mercantile Exchange, Singapore Exchange, the Sydney Futures Exchange, the NQLX and vendor connected equity markets worldwide. EasyScreen supplies trading software to a client base of global financial institutions, banks, brokers and trading houses. More information may be found at www.easyscreen.com.
This information is provided by RNS The company news service from the London Stock Exchange