Tbricks connects to Eurex

Imported from previous forum

Tbricks connects to Eurex

Tbricks provides clients with full access to Europe’s leading derivatives exchange

Stockholm, Sweden, March 16th, 2009 — Tbricks, the provider of the next generation algorithmic trading system, today announced that it has added Eurex to its growing list of native market connections.

The Tbricks solution is targeting automated strategy trading at proprietary trading firms, proprietary trading at banks and hedge funds.

Tbricks connects now to the fastest interfaces of Eurex, the Enhanced Transaction and Broadcast Solution.

Jonas Hansbo, CEO of Tbricks, says: “This new connection to Eurex is an important milestone for Tbricks. It offers our clients the lowest possible latency for the execution of their trading strategies. It is part of our strategy to always offer the fastest possible path of integration when connecting to trading venues. ”

Urs Rutschmann, COO of Tbricks, comments: “Tbricks is now leading the way in terms of speed, scalability and strategy trading functionality. Tbricks offers unmatched flexibility for multi site deployment, such as co-location and proximity hosting. We are pleased that our clients can now connect to Eurex, the leading derivates market place, directly.”

For further information, contact:
Urs Rutschmann, COO Tbricks, urs@tbricks.com, +41 79 461 78 11

About Tbricks
Tbricks’ mission is to provide 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 system was launched in February 2008 and is in global operational use. For more information, please visit: www.tbricks.com

About Eurex
The international derivatives exchange Eurex, jointly owned by Deutsche Börse AG and SIX Swiss Exchange AG, organizes markets globally. Eurex is home to the Euro zone interest rate and equity index benchmark derivatives. Eurex’s portfolio of markets includes International Securities Exchange, the world’s largest equity options exchange. The ECNs Eurex Repo and Eurex Bonds round out Eurex’s offering for repo and bond trading. In addition, Eurex provides an automated and integrated clearing house, Eurex Clearing AG. Eurex’s global liquidity network comprises more than 400 direct exchange members in 24 countries worldwide. For more information, please visit: www.eurexchange.com