Swedish trading systems provider Tbricks has increased the number of trading venues it connects to with the addition of Xetra, Deutsche Börse’s fully electronic trading platform.
Tbricks provides automated trading systems to proprietary trading firms. Following the announcement, the firm’s clients can now connect to Xetra’s new high-speed interfaces to further minimise latency in the execution of their trading strategies.
“Tbricks has been designed for multi-location and data-centre deployment. We are pleased that our clients can now natively connect to Xetra,” said Urs Rutschmann, COO, Tbricks.
“With the newly introduced high-speed interfaces (Enhanced Broadcast Solution and Enhanced Transaction Solution), we will enable our members to tap into new performance dimensions,” said Jens Hachmeister, head of Xetra operations and infrastructure development, Deutsche Börse. “Participants will considerably benefit from our technological expertise and the existing superior infrastructure for low latency trading.”
Tbricks recently connected to multilateral trading facilities Burgundy, Chi-X Europe, Nasdaq OMX Europe and Turquoise.