BTS Partners with Actant to Provide Enhanced Options Capabilities
May 24 2018 - 10:00AM
Business Wire
BTS Makes Moves To Address Underserved Options
Community
Driven by changes in regulatory requirements at Cboe Global
Markets, Blue Trading Systems and Actant have joined forces to
offer a compelling new solution for floor and screen traders.
Participants leveraging BTS’ flagship options product, BTS Edge,
will continue to have modeling, risk, analytics and floor
capabilities but will now benefit from additional quoting
capabilities including RFQ response functionality via Actant.
“Changes in options technology providers drove us to look at our
offering and how we could enhance BTS Edge to better meet the needs
of today’s traders,” said Kevin Darby, Managing Director at Blue
Trading Systems. “We were impressed with the talent employed at
Actant and their product suite. After careful consideration, we
decided to partner to extend our capabilities and become a more
thorough alternative as consolidation in the options space has
forced traders to look at new platforms.”
Actant Quote is a safe, fast and reliable quoting engine with
features that help traders quote many concurrent products in
outright options and complex options orders. Users have the ability
to customize quoting and trading strategies as well as participate
in auctions and meet obligations. Multiple volatility and pricing
models are included with the platform including a library of
strategies.
“We were impressed with BTS’ focus on engineering excellence,
flexibility and reliability when it comes to their options
platform,” said Dan Sacks, CEO of Actant. “Our shared values have
brought us together and we look forward to working with BTS to
further help traders navigate these evolving markets.”
About Blue Trading Systems
Blue Trading Systems enhances trading strategies and accelerates
quoting times with low latency, versatile, software solutions. Our
feature updates are seamless, our customer service is responsive
and we link our success to our clients’ success. With our
game-changing technology, our clients maintain their competitive
edge in the derivatives space.
About Actant
Actant provides trading solutions for financial firms trading on
the world’s major derivatives and stock exchanges. Actant delivers
unique algorithmic programming flexibility and control to
proprietary trading and market making firms, investment banks and
hedge funds. Designed for both exchange members and non-members,
Actant software is fully customizable and scalable to meet
individual strategic, connectivity, deployment and integration
needs.
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For Sales InquiriesBlue Trading
SystemsKevin Darby, 919-913-0853orActantDan Sacks,
610-350-6025orFor Media InquiriesThe
Title ConnectionJessica Titlebaum Darmoni, 312-358-3963