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TBricks wins market making platform from All Options




TBricks wins market making platform from All Options



01 Apr 2013
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Deployment of Tbricks gives leading European equity options market maker unmatched performance and flexibility

Stockholm and Amsterdam, April 2, 2013 – Tbricks, the provider of next-generation automated trading systems, is pleased to announce that All Options International, an international market maker providing liquidity to key European financial derivatives markets, has adopted Tbricks’ market making platform for all of its European equity options and stock-index options activities.

All Options has deployed Tbricks’ market making software on servers co-located at major European exchanges, including NYSE Euronext Liffe and NYSE Euronext cash markets, the London Stock Exchange, Swiss Exchange SIX, Bats/Chi-X Europe and Eurex/Xetra.

This successful delivery expands Tbricks’ reach into the broader European marketplace for any type of listed financial products. It follows last year’s completion of Tbricks’ connections within the Nordic markets.

Jonas Hansbo, CEO of Tbricks, said: “This is a landmark transaction for Tbricks. We are proud to have All Options, a major market maker, as a flagship client for our next-generation trading platform. Tbricks’ modular design allows for the deployment of an unlimited number of market adapters, each deployed in its specific co-location center, within a single trading system. The platform is easy to set up and use, and its server-based architecture combines ultra low latency with unprecedented front-end and server configurability. Tbricks provides for fast and complete trading and quoting applications, which are delivered in open-source format for custom modifications.”

Allard Jakobs, CEO of All Options, said: “As a leading market maker in European Small and Midcap equities and index options, we were looking for a system that offered comprehensive user functionality paired with the performance and flexibility we needed to succeed. After a thorough market review, we chose Tbricks due to its readiness to successfully operate in our distributed trading environment.”

Additionally, the true flexibility of the Tbricks platform was a major differentiator from other market solutions. All Options is using Tbricks’ software development toolkit to incorporate its own proprietary volatility and pricing models into the Tbricks platform, allowing it to create a unique capability set.

For further information, contact:
Katarina Klangby, CMO Tbricks, katarina@tbricks.com, +46 70 483 74 02
Jonas Hansbo, CEO Tbricks, jonas@tbricks.com, +46 8 122 099 02
Dimitri Wesdorp, Head of Trading All Options, dimitri.wesdorp@alloptions.nl, +31 20 795 7443

About Tbricks
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. For more information, please visit: www.tbricks.com.

About All Options
All Options is an international market maker providing liquidity to the European major financial derivatives markets. All Options operates from offices in Amsterdam and Willemstad.

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