StreamBase and Gain Capital team on forex high-frequency trading

StreamBase Systems, a leading provider of Complex Event Processing (CEP) technology, today announced a new partnership with Gain Capital, a global provider of online foreign Exchange services, to offer a complete solution for their mutual clients to quickly deploy FX high-frequency trading algorithms.

The deal combines StreamBase's award-winning CEP platform and with direct adapter to GAIN GTX, GAIN Capital's new ECN trading venue. StreamBase's adapter allows clients looking to build high-frequency FX trading algorithms rapid connectivity to the GTX marketplace. GAIN will also use the StreamBase CEP platform to improve market-making, Risk Management and surveillance capabilities of its core retail business line.

"We are always looking for new technologies to improve our customers' experience as well as our internal operational efficiencies," said Andrew Haines, CIO of GAIN Capital. "With StreamBase, we have a mutually beneficial partnership where the combined offering delivers a powerful solution on which our customers can develop and execute trading strategies with minimal effort."

"As a customer of StreamBase, we are also proving out the value of their technology internally. Leveraging their development environment, we are delivering business solutions in a fraction of the time it would have taken with traditional programming languages."

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