News

TS Signs Commercial Deal with Tethys Technology

TethysAlgo Suite Provides TS Customers Broker-neutral Algos for Equities, Futures Options and FX

Tethys Technology, an industry leader in financial software development for the capital markets has announced a deal with TS to provide its customers with Tethys’ broker-neutral algorithms for equities, futures, options and FX trading.

“We are thrilled to be working with Tethys,” said Mike Bailleux, TS Director and Head of Hedge Fund Sales, Americas. By combining our EOMS business with Tethys’ award-winning customizable trading execution algorithms, we will be able to service quantitative funds with our multi-asset, front-end and API capabilities designed for that market. Quant funds are taking more control of their execution quality and are looking for flexibility in how and when they reach various pools of liquidity depending on their strategy, concern for anonymity, costs and time horizon.”

The TethysAlgo suite of algorithmic trading strategies spans across several asset classes including U.S. and international equities, options, futures and FX. Utilizing advanced quantitative logic and formulas, TethysAlgo maintains pure neutrality to all venues and brokers. Its embedded advanced statistical and game theory techniques, make these algorithms highly adaptive taking into consideration expected volume and volatility to reduce the slippage and remove the likelihood of being gamed or detected. This high-performance suite is designed to provide quality of execution to traders.

Read the entire press release here.

Related News

Enriching the HVaR Calculation:
Predicting the Past:

HVaR, By Dr Lance Smith, Chief Strategy Officer, TS Imagine Historical VaR (HVaR) has become a standard measurement of risk, in which a current portfolio is subjected to the market conditions of a prior day and the resulting P&L is recorded. Read entire article here.

June 30, 2022
Limitations of HVaR

Limitations of HVaR:
When the Future No Longer Looks Like the Past

HVaR assumes that present market dynamics are captured in past behavior so what should we do when the world changes? Since Russia's invasion of Ukraine, commodity markets have entered new trading patterns and Lance Smith, TS Imagine Chief Strategy Officer explains some of the tools that can be used to help HVaR without disturbing other risk factors.

April 12, 2022
Bitcoin Financialization Part 3

Bitcoin Financialization (Part 3) – Calling All Crypto Asset Managers

Since its creation, Bitcoin (BTC) has been the subject of constant discussion regarding its potential impact on financial markets and the seismic shifts it could generate.

March 31, 2022