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TBRICKS CONNECTS TO XETRA
TBRICKS CONNECTS TO XETRA
Tbricks provides clients with fast native access to Xetra
Stockholm, Sweden, June 29th, 2009 - Tbricks, the provider of the leading edge algorithmic trading system, today announced that it has added Xetra to its growing list of native market connections.
Tbricks is a comprehensive manual and automated trading system offering groundbreaking technology to the most ambitious proprietary trading professionals.
Urs Rutschmann, COO of Tbricks, comments: "Tbricks beats any other system in terms of speed, scalability and customizability. Tbricks has been designed for multi location and data-center deployment. We are pleased that our clients can now natively connect to Xetra."
"With the newly introduced high-speed interfaces (Enhanced Broadcast Solution and Enhanced Transaction Solution), we will enable our members to tap into new performance dimensions," said Jens Hachmeister, Director, Head of Xetra Operations/Infrastructure Development at Deutsche Boerse AG. "Participants will considerably benefit from our technological expertise and the existing superior infrastructure for low latency trading."
Jonas Hansbo, CEO of Tbricks, says: "The connection to Xetra's new interface is an important step for Tbricks. It offers our clients the lowest possible latency for the execution of their trading strategies. It is our principle to always offer blazing fast connectivity to trading venues."
For further information, contact:
Urs Rutschmann, COO Tbricks,urs@tbricks.com, +41 79 461 78 11
About Tbricks
Tbricks' mission is to provide the most advanced trading technology to proprietary trading professionals, adding competitiveness to their business. Tbricks is a privately funded company. The firm has 30 employees and is headquartered in Stockholm with development facilities in St. Petersburg, Russia. The Tbricks trading system was first launched in February 2008 and is successfully running at 15 sites. For more information, please visit:www.tbricks.com
About Xetra
Xetra®, Deutsche Boerse's fully electronic trading platform, is one of the world's most powerful fully integrated trading systems for securities. Xetra has been further enhanced on an ongoing basis since its launch in 1997, in order to meet the requirements of the trading world by offering an efficient, high-performance system. Traders have access to a comprehensive range of German and international equities via the trading screens. Buy and sell orders from traders based in various different locations across the globe are matched in the Xetra order book and executed immediately. At present, the system already executes over 2.1 million trades on peak days. For more information, please visit:www.deutsche-boerse.com
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