Thalheim Capital chooses TethysEMS trading platform for its algorithmic trading capabilities
NEW YORK, Oct. 24, 2012 /PRNewswire/ -- Thalheim Capital has gone live with the TethysEMS the market leading multi-asset algorithmic trading platform from Tethys Technology, Inc.
The TethysEMS is a premier global trade execution management platform for equities, options, futures and foreign exchange. The platform incorporates a proprietary set of customizable broker-neutral execution algorithms and strategy based auto-trading templates targeted towards specific investment strategies. The combination of Tethys Technology's high capacity EMS, global hosting, and sophisticated algorithm suite delivers a powerful and cost efficient trade implementation solution for institutional asset managers.
Thalheim Capital is a Long Island, NY asset manager founded in August 2003. The fund trades over 60 global futures products in a multi-model systematic strategy.
"We implemented TethysEMS after evaluating it in a three month test run and found Tethys algorithms to significantly out-perform other offerings. We have integrated our Alpha models into the platform using the flexible API and scripting language. We can now detect opportunities for our trading universe and associated spreads in real-time and execute them seamlessly with very high efficiency," said Neil Thalheim, Principal, Thalheim Capital.
"We are pleased to have Thalheim as our client. They approach asset management very systematically and place significant emphasis on minimizing alpha slippage and market impact," said Nitin Gambhir, President of Tethys about Thalheim Capital. "TethysEMS allows clients to maximize returns by detecting trade opportunities in real-time and then using customizable Tethys Algorithms to execute trades with minimal slippage."
"Optimizing trade execution can give managers an edge in performance and in realizing maximum capacity from their investment strategies. Tethys works with clients like Thalheim Capital to understand their requirements and to create customized algorithms specific to their needs."
About Tethys Technology, Inc.
A Tradition of Innovation in Optimal Execution Management.
Tethys Technology, Inc. is an industry leader in financial software development, algorithmic trading and market microstructure research. Since 2001, Tethys has focused on developing analytics and toolsets that allow our clients to achieve optimal trade-execution. For more information, please visit www.TethysTech.com
Media Contact: Deirdre Cogger, Tethys Technology, Inc. 212-509-5600
SOURCE Tethys Technology, Inc.
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