Mandara Capital, a hedge fund specializing in crude oil and derivatives, has implemented the hosted trading service from Tbricks, a Stockholm-based vendor, for their futures trading requirements.
Mandara is the first client to be fully onboarded to Tbricks OnDemand, which is powered by QuantLINK and QuantFEED from S&P Capital IQ's Real Time Solutions. The London-based fund will be able to execute its plans for in-house trading development using the Tbricks trading app framework.
"We set out a rigorous evaluation of trading system vendors, looking for the fastest trading software with the capability of supporting our future plans for in-house trading development," says Muwaffaq Salti, CEO and head trader at Mandara Capital. "An absolute requirement from our side was a fully hosted solution as we choose to focus on our core business rather than system support and maintenance."
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails