[This message was posted by Jonas Hansbo of Tbricks AB <[email protected]> to the "Product Discussion" discussion forum at http://fixprotocol.org/discuss/24. You can reply to it on-line at http://fixprotocol.org/discuss/read/6acce164 - PLEASE DO NOT REPLY BY MAIL.]
Tbricks Connects to Burgundy Tbricks provides clients with access to Burgundy, the new marketplace for Nordic securities Stockholm, Sweden, May 8th, 2009 — Tbricks, the provider of the new generation automated trading system, today announced that it has added Burgundy to its growing list of certified trading venues. Tbricks focuses on the specific needs of proprietary trading firms, trading desks at banks and high-tech hedge funds. They can now trade on Burgundy using Tbricks’ low latency connection. Jonas Hansbo, CEO of Tbricks, says: “We see a large market interest in Burgundy. Many proprietary traders, who depend on low latency performance, will connect to Burgundy from the start. That's why we've ensured that our clients can run the strategy trading engines of Tbricks Genesis reliably against the Burgundy market on day one.” Urs Rutschmann, COO of Tbricks, adds: “Tbricks leads the way with unmatched speed, scalability and customizability. Our aim is to offer comprehensive access to all Nordic trading venues, with far better performance and lower costs than legacy trading systems." “We are pleased to see Tbricks’ advanced automated trading solution being added to our list of certified vendors. Low-latency trading is one of the fastest growing areas in the industry as firms are looking at different ways to exploit trading in a post-MIFID fragmented landscape”, comments Olof Neiglick, CEO of Burgundy. Tbricks’ premiere product—the Tbricks Genesis automated trading system—was launched in 2008 and is in use in several leading trading rooms. Tbricks connects to multiple exchanges, MTF’s, Forex trading places and prime brokers. For further information, contact: Urs Rutschmann, COO Tbricks, [email protected], +41 79 461 78 11 Olof Neiglick, CEO Burgundy, [email protected], +46 70 554 52 24 About Tbricks Tbricks’ mission is to provide trading professionals with the most user-friendly and efficient tools for executing automated trading strategies on the financial markets. Tbricks is a privately funded company. The firm has 30 employees and is headquartered in Stockholm, Sweden, with development facilities in St. Petersburg, Russia. The Tbricks Genesis automated trading was launched in February and is already in operational use and trading live at multiple customer sites. For more information about Tbricks, please visit www.tbricks.com About Burgundy Burgundy is a regional multilateral trading facility (MTF) initiative for Nordic securities. The platform is owned by a consortium of leading Nordic banks and securities trading firms who represent almost half of the Nordic equity trading volume. Burgundy offers a high performance and cost-efficient securities trading services to participants that will strengthen the Nordic region as a financial hub. For more information about Burgundy, please visit www.burgundy.se [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
