Dutch market-maker WEBB has deployed Tbricks in order to consolidate its cash and derivatives trading activity onto a single platform, the vendor has announced.
The Tbricks platform incorporates a wide range of market-making functionality, including support for auto-hedging and quoting, portfolio stress-testing, and allows for high-touch and manual processes as well as supporting automated strategies.
"After a take over, we had several systems for cash and derivatives trading which was far from ideal," says Marco van den Berg, CEO at WEBB. "We needed to consolidate on a fast and future-proof platform that could support our own style of trading, could scale as we grow and support all markets where we are active. After evaluating our current systems as well as several others, Tbricks was the best match for our needs."
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails