Kairos Asset Management has deployed the StreamBase Complex Event Processing platform to support high frequency trading strategies across multiple asset classes, including derivatives, foreign exchange and equities.

KAM, founded in 2003 by proprietary traders from Brazilian financial institutions, uses the StreamBase CEP platform as the basis for their trading systems and executes trades across markets in Brazil, the US, Mexico and Europe. The firm operates a co-located server for derivatives trading at BM&F, part of BM&FBovespa.

"Initially we were using the StreamBase platform for algo development and order execution in equities," said Alberto Araujo, COO at KAM. "After our first strategies were implemented and in production we started to understand the potential that StreamBase offered for trading multiple asset classes. Now, in addition to equities, we have StreamBase running strategies for futures and after a few weeks we have accomplished outstanding results."

"It can be a challenge to execute derivatives trades electronically, particularly with multi-legged strategies across multiple geographies and asset classes, said Paul Zubulake, senior analyst at Aite Group. "Driven by rising volumes and improvements in electronic trading, both international and local investors are showing interest in derivatives markets, especially in Brazil."