Tradeworx Sells Trading Arm to Focus on Fintech

The company renamed itself Thesys Group and will focus on growing Thesys Technologies.

split
Getty Images

The trading business will now be known as Blueshift Asset Management and will be led by Mani Mahjouri, who takes on the dual role of chief executive officer and chief investment officer. Mahjouri was previously Tradeworx’s chief investment officer. Mike Beller remains CEO of the renamed company and Thesys Technologies, the technology arm before the spin-off.

Beller tells WatersTechnology that when Thesys Technologies started out as a unit within Tradeworx, it initially leaned heavily on the bra

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: