Bluefin Trading LLC a multi-strategy proprietary trading firm has
gone live with the Execta Trade Execution Platform from Tethys
The Execta Platform is the most powerful and flexible
broker-neutral electronic trading and portfolio management solution
available today. The multi-asset class platform includes modules for
investment and trading strategy simulation, as well as automated and
manual trade execution and optimal strategy determination analysis.
Execta functionality also includes automated trade opportunity
detection, pre-trade, real-time and post-trade transaction cost
analysis, portfolio and risk management. Users are able to leverage
Tethys’ industry-leading pre-packaged algorithms, route orders to broker
algorithmic trading desks and develop and test their own proprietary
"Bluefin chose Execta for its sophisticated automated
trading strategies and the overall platform flexibility. Execta offers
Bluefin traders the ability to manage execution risk and achieve lower
trading costs. It compliments our in-house applications well and
provides us the capability to customize existing or create new
algorithms for Bluefin’s specific trading needs," said Tony Koures, the
Chief Information Officer at Bluefin Trading.
"We are pleased to have Bluefin as our client. They are a
sophisticated firm with deep understanding of markets and technology,"
said Nitin Gambhir, president of Tethys about Bluefin. "Tethys is
committed to providing leading-edge analytics and trading technology to
our proprietary trading clients."