Tethys Technology announces new unique foreign exchange trading capabilities
First Published Thursday, 13 November 2008 from Automated Trader : Algorithmic Trading News
Tethys Technology develops new product for high volume FX trading desks as an extension of its existing Execta platform
Sang Lee, Managing Partner, consultancy Aite Group: "FX is an incredible liquid marketplace with established electronic capabilities being used by all key players."
Tethys Technology, Inc. has announced that it has developed a new product for highvolume FX trading desks as an extension of its existing Execta platform.
"FX is an incredible liquid marketplace with established electronic capabilities being used by all key players," said Sang Lee, Managing Partner of consultancy Aite Group.
"Institutional FX trading is often highly inefficient, and is rarely integrated in a single multi-asset platform. Tethys has created a sophisticated, cost-effective FX trading solution that is seamlessly integrated with its world-class algorithmic trading capabilities," said Andrew Marks de Chabris, Director of Strategy and Sales at Tethys Toronto. "Firms can implement the multi-asset class deployment of Execta EMS to unify all their trading activity onto one API rich, low latency technology environment with straight through processing for risk management and settlement."
