Fully hosted trading service Tbricks OnDemand, powered by S&P Capital IQ’s QuantLINK and QuantFEED, improves speed and quality of Mandara Capital’s futures trade execution.
Stockholm and London, April 18, 2013 – Tbricks, the provider of next-generation automated and click-trading systems, announced that Mandara Capital, a leading hedge fund specialist in crude oil and derivatives, has implemented its fully hosted trading service for all their futures trading requirements. Tbricks OnDemand is powered by QuantLINK and QuantFEED from S&P Capital IQ’s Real Time Solutions.
Tbricks’ out-of-the-box futures trading platform provides superior speed to help improve the quality of Mandara Capital’s execution fills. Mandara Capital will also benefit longer-term, with the ability to develop proprietary strategies in a framework designed to support in-house development.
Jonas Hansbo, CEO of Tbricks, said: “Mandara Capital is the first client to take full advantage of Tbricks OnDemand which we recently launched with S&P Capital IQ. They needed a very fast and flexible trading system, but did not wish to manage a technical infrastructure. Mandara Capital will also be able to execute their plans for in-house trading development using the Tbricks trading app framework.”
Muwaffaq Salti, CEO and Head Trader at Mandara Capital, added: “We set out a rigorous evaluation of trading system vendors, looking for the fastest trading software with the capability of supporting our future plans for in-house trading development. An absolute requirement from our side was a fully hosted solution as we choose to focus on our core business rather than system support and maintenance.”
Stephane Leroy, Vice-President, Head of Global Real Time Solutions, concluded: ”As part of a faster and more flexible solution, Mandara Capital was also looking to further improve speed-to-market through some critical infrastructure changes. The collaboration sees S&P Capital IQ’s QuantLINK and QuantFEED, leading real-time data & hosting services, provide both hosting and native market access to improve the overall market making trading solution.”
Additionally, the true flexibility of the Tbricks platform and the trading app framework was a major differentiator from other trading solutions.
Tbricks have also delivered two smart execution orders, tailored for futures trading.
About S&P Capital IQ:
S&P Capital IQ, a business line of The McGraw-Hill Companies (NYSE:MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. We provide a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations, and Compustat; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today’s investors need.
Tbricks provides the next-generation trading system that puts the power in the hands of the trader. Tbricks delivers an open, solid and very fast core platform complemented by a rich set of trading apps. Tbricks supports premier trading and market making institutions in Europe and North America since 2008.