Dutch Market-Making Firm Chooses Tbricks for Cash and Derivatives Trading Platform

Wednesday, 29/10/2014 | 23:14 GMT by Adil Siddiqui
  • A leading European market maker has selected TBricks to support and develop its trading infrastructure. Amsterdam-based WEBB will enhance its cash and derivatives trading technology.
Dutch Market-Making Firm Chooses Tbricks for Cash and Derivatives Trading Platform

One of Amsterdam’s largest financial trading firm's has appointed Tbricks, a technology provider, to enhance its trading platform for cash and derivatives instruments. WEBB will implement a series of modules to its trading infrastructure to accommodate its strategies in listed markets. Tbricks extends its relationship with Dutch-based proprietary trading firms through the partnership.

The two firms will collaborate on further developing WEBB’s trading platform, under the terms the leading market maker will consolidate its cash and derivatives trading and market-making on a single, high-performance platform. WEBB operates numerous strategies including market-making and taking on-exchanges. In addition, it is a market maker and Liquidity provider on key European markets.

TBricks, originally set-up to support high-frequency trading in the middle of the last decade, however as technology has evolved the e-trading space, the concept of speed and latency have become paramount to both buy and sell-side firms, thus the technology provider supports trading firms in Europe and the US.

The firm provides users with a number of key functionality that supports high performance strategies. Tbricks' functional scope includes customizable pricing, volatility management, Risk Management , team quoting and a whole series of trading features such as hidden quotes (electronic eye or take out machines), peg quotes, multi-level quoting, quote spreading, portfolio graphs, portfolio stress testing and RFQs.

Jonas Hansbo, CEO of Tbricks, commented about his firm's selection in a statement, he said: "As the Amsterdam market remains strategically important to us, we are delighted that WEBB selected Tbricks to support their successful trading and market-making business.”

WEBB has been trading in the global markets since 2009, the firm has operations in Netherlands and Hong Kong. On its website the firm states that it runs various automated and arbitrage strategies.

Marco van den Berg

Marco van den Berg

The firm’s CEO, Marco van den Berg, spoke about the new Tbricks solution: "After a take over, we had several systems for cash and derivatives trading which was far from ideal.

We needed to consolidate on a fast and future-proof platform that could support our own style of trading, could scale as we grow and support all markets where we are active. After evaluating our current systems as well as several others, Tbricks was the best match for our needs. It is a modern system designed for high speed and increasing volumes. We expect it to support our needs for the coming years.”

Market makers are attracted to Tbricks’ solution as it offers server-based auto quoting and auto-hedging with fully configurable visualization in the front-end, enabling firms to make markets with high performance and control.

One of Amsterdam’s largest financial trading firm's has appointed Tbricks, a technology provider, to enhance its trading platform for cash and derivatives instruments. WEBB will implement a series of modules to its trading infrastructure to accommodate its strategies in listed markets. Tbricks extends its relationship with Dutch-based proprietary trading firms through the partnership.

The two firms will collaborate on further developing WEBB’s trading platform, under the terms the leading market maker will consolidate its cash and derivatives trading and market-making on a single, high-performance platform. WEBB operates numerous strategies including market-making and taking on-exchanges. In addition, it is a market maker and Liquidity provider on key European markets.

TBricks, originally set-up to support high-frequency trading in the middle of the last decade, however as technology has evolved the e-trading space, the concept of speed and latency have become paramount to both buy and sell-side firms, thus the technology provider supports trading firms in Europe and the US.

The firm provides users with a number of key functionality that supports high performance strategies. Tbricks' functional scope includes customizable pricing, volatility management, Risk Management , team quoting and a whole series of trading features such as hidden quotes (electronic eye or take out machines), peg quotes, multi-level quoting, quote spreading, portfolio graphs, portfolio stress testing and RFQs.

Jonas Hansbo, CEO of Tbricks, commented about his firm's selection in a statement, he said: "As the Amsterdam market remains strategically important to us, we are delighted that WEBB selected Tbricks to support their successful trading and market-making business.”

WEBB has been trading in the global markets since 2009, the firm has operations in Netherlands and Hong Kong. On its website the firm states that it runs various automated and arbitrage strategies.

Marco van den Berg

Marco van den Berg

The firm’s CEO, Marco van den Berg, spoke about the new Tbricks solution: "After a take over, we had several systems for cash and derivatives trading which was far from ideal.

We needed to consolidate on a fast and future-proof platform that could support our own style of trading, could scale as we grow and support all markets where we are active. After evaluating our current systems as well as several others, Tbricks was the best match for our needs. It is a modern system designed for high speed and increasing volumes. We expect it to support our needs for the coming years.”

Market makers are attracted to Tbricks’ solution as it offers server-based auto quoting and auto-hedging with fully configurable visualization in the front-end, enabling firms to make markets with high performance and control.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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