http://advancedtrading.com/printableArticle.jhtml;jsessionid=SDMBLOFCTXJ2FQE1GHOSKH4ATMY32JVN?articleID=227300021
Crescent Financial Partners Inc. announced it purchased a $3.2 million stake in IT Trading, LLC’s proprietary trading software, which deploys a statistical arbitrage trading model that has been under development for nearly a decade.
The firm said the algorithms within software will enable it to pinpoint inefficiencies in highly liquid markets.........
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