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Archive for June 3rd, 2011

Progress Software Provides Insights on How to Execute and Profit from Algorithmic Trading in China

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2011-06-02 09:00 


SINGAPORE, June 2, 2011 /PRNewswire-Asia/ — Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, today announced its first ever workshop in China titled “Algorithmic Trading — How to Execute and Profit from It”.  The workshop, which is presented in both Chinese and English, will be held on Thursday, June 9, at the Westin Beijing in Beijing, China.

Dr. Giles Nelson, Deputy Chief Technical Officer (CTO), Progress Software and co-founder of Apama, the company that pioneered the commercial application of algorithmic trading software, will host the workshop and present key topics on algorithmic trading in China and global markets.

Dr. Giles Nelson commented: “Algorithmic trading can bring enormous benefits for traders and we will review how companies can take advantage of the technology and be more competitive.  We are seeing enormous growth in high frequency trading (HFT) and algorithmic trading in Asia, possibly signalling the end of US and UK dominance in this financial field.  The epicentre of the world’s economy is gradually moving East and the Asia markets in general are embracing electronic trading. Over the coming years we will see a more globalised market for trading technology, innovative new uses for technology as well as an increased ability to police and control trading issues on a global basis.”

Dr. Nelson is a frequent speaker at technology and capital markets events, and is highly regarded in the capital markets industry.  Discussion points of the workshop include:

  • Introduction and overview of algorithmic trading
  • Difference between algorithmic trading in China and western countries
  • How to capitalise on algorithmic trading
  • Executing algorithmic trading more effectively
  • Reducing risk and increasing market surveillance

Bryan O’Neill, Regional Vice President for Asia, Progress Software, said, “This workshop showcases Progress’ commitment to the Chinese market. There is an increase in demand for technology to support Algorithmic trading in China. We are very excited about our growth here as the economy is poised to grow steadily in the next five years.”

As the leading provider of high velocity Capital Markets applications, Progress Software offers a broad portfolio of mission-critical solutions that include Market Surveillance and Monitoring, FX eCommerce, and Algorithmic Trading. International Banks such as ANZ, Bank of China, Deutsche Bank, and JP Morgan, market regulators such as the UK’s FSA and trading venues such as Plus Stock Exchange and Turquoise all use Progress solutions.

About Progress Software Corporation

Progress Software Corporation (NASDAQ: PRGS) is an enterprise software company that enables businesses to be operationally responsive to changing conditions and customer interactions as they occur — to capitalize on new opportunities, drive greater efficiencies and reduce risk.  The company offers a comprehensive portfolio of best-in-class enterprise software spanning event-driven visibility and real-time response, open integration, data access and integration, and application development and deployment — all supporting on-premises and SaaS/Cloud deployments.  Progress maximizes the benefits of operational responsiveness while minimizing IT complexity and total cost of ownership. Progress can be reached or +1-781-280-4000.

Progress, Progress Insurance Information Model, Progress Responsive Process Management, Progress RPM, and Progress Control Tower are trademarks or registered trademarks of Progress Software Corporation or one of its subsidiaries or affiliates in the U.S. and other countries. Any other marks contained herein may be trademarks of their respective owners.

Press Contacts on behalf of Progress Software:

Suzanne Yap Debbie Ho
Rice Communications Rice Communications
Tel: +65-6221-8322 Tel: +65-6221-8322
Mbl: +65-8522-3221 Mbl: +65-8333-1160
Ian Lee
Rice Communications
Tel: +65-6221-8322
Mbl: +65-9489-0383


SOURCE Progress Software Corporation

Written by asiafreshnews

June 3, 2011 at 12:27 pm

Posted in Uncategorized

Robert Walters Expands in Asia with New Ho Chi Minh Office

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2011-06-02 10:29 


HO CHI MINH, Vietnam, June 2, 2011 /PRNewswire-Asia/ —

— Robert Walters opens new Vietnam office in Ho Chi Minh’s central business district

— Ho Chi Minh office to focus on permanent recruitment in the areas of accounting & finance, banking & financial services, human resources as well as sales & marketing

Robert Walters PLC (LSE: RWA), one of the world’s leading specialist professional recruitment consultancies, announced today the expansion of its Asian network with a new office in Ho Chi Minh city, Vietnam.

After successfully launching the Beijing and Seoul offices last year, Robert Walters’ new operations in Ho Chi Minh city continued the Group’s growth strategy in Asia, in response to an increasing demand from both clients and candidates for specialist and international recruitment services in the Vietnam market.

“As an international recruitment firm, we have the ability to tap into a global database of candidates who are looking to return to Vietnam as well as foreign talent who will consider a posting there,” Mark Ellwood, Managing Director (Asia ex. Japan & Korea) said. “We have been requested on many occasions to service the Vietnamese market from overseas but now that we have opened a local office, we will be able to provide more dedicated service to a wider network of clients and candidates. We are excited to be opening another office in Asia as we look to build our Asian network of offices, which is the fastest growing region of the Group.”

Rupali Edekar, Country Manager for Robert Walters Vietnam commented: “Robert Walters is excited to enter the Vietnam market and hopes to fill the void in the middle to senior level specialist recruitment space, especially within the commerce finance and sales and marketing sectors. We aim to offer a unique style of professional recruitment and industry expertise in Vietnam through leveraging on our global presence and strong brand. Robert Walters Vietnam will strive to provide the best career opportunities to Vietnamese candidates both locally and internationally.”

Located at the Kumho Asiana Plaza Saigon, this newest Robert Walters office is strategically located in the heart of the central business district.

Robert Walters Vietnam specialises in placing candidates on a permanent in the following specialities: accounting & finance, banking & financial services, human resources as well as sales & marketing.

About Robert Walters

Robert Walters is an award-winning business and one of the leading international recruitment consultancies. The Group has a network of 43 offices spanning 20 countries, including the United Kingdom, Ireland, Continental Europe, the United States, Australia, New Zealand, Asia, South Africa and Brazil. For more information about Robert Walters Vietnam, please visit .

Robert Walters Asia Job index:

Robert Walters Global Salary Survey:

Robert Walters Vietnam

#1403, 14 Fl, Kumho Asiana Plaza
39 Le Duan Street
District 1, Ho Chi Minh City, Vietnam

Tel:   +84-8-3520-7900
Fax:   +84-8-3520-7901

For further information or interview requests, please contact:

Rupali Edekar
Country Manager (Vietnam)
Tel:   +84-8-3520-7900

Fiona Cheong
Editorial & PR Specialist (Asia ex. Japan & Korea)
Tel:   +65-6228-5313


SOURCE Robert Walters

Written by asiafreshnews

June 3, 2011 at 12:23 pm

Posted in Uncategorized

Digital Life Academy Announces Fifth Selection — Leong Jia Yi of Singapore

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2011-06-02 09:00 


Academy is global think tank of young people dedicated to bringing privacy, ownership and control to digital lives

SINGAPORE, June 2, 2011 /PRNewswire-Asia/ — The Digital Life Academy today announced that Leong Jia Yi of Singapore has been selected to attend the Academy for its 2011 session this summer.

The Digital Life Academy is a global think tank of people ages 16-25 who are interested in the areas of online privacy, data and content ownership, content monetization and similar topics.  The Academy will comprise of 30 individuals who meet for a 6-week period annually.  Academy selection is based on the individuals demonstrating entrepreneurial drive, business acumen and a dedication to the concept of digital life freedom.  Over 15,000 prospective candidates from more than 100 countries have enquired about the Academy.

“We are very happy that Jia Yi will be joining us at the Academy,” said Johan Stael von Holstein, CEO of MyCube, the Academy sponsor.  “She clearly grasps the need to have privacy and control of our online lives and we are of course happy to have a member from our home base of Singapore, and we are getting a good global representation of applicants – with the exception of Americans, who perhaps are lagging behind on the concept of online privacy and control!”

Said Ms. Leong, “This program gives me the chance to work with the brightest minds from around the world, which I believe would provide an endless pool of creative ideas to improve while embracing digitization. It also means massive learning opportunities from the experts and hands-on experience which would potentially see our ideas become reality.”  Ms. Leong’s application video can be seen at

Academy members will develop position papers, editorials, articles and business ideas related to the core Academy concepts of online privacy, ownership and control.  After the program session, members will continue to serve as spokespeople for the Academy and will help to select and mentor future members.

The Academy will run from 4 July to 12 August 2011 at MyCube’s headquarters in Singapore.  Academy members receive free flights, free housing and a $3,000 Singapore dollar stipend.

The Academy is accepting applications for the 2011 session until 5 June.  For more information on the Academy, please see

Media contact:

Todd Kurie
Marketing Director



Written by asiafreshnews

June 3, 2011 at 12:10 pm

Posted in Technology