LIGHTNING RELEASES – New York –March 5, 2014: Tethys Technology’s trading platform the TethysEMS won “Best Equities Trading Platform” by Wall Street Letter Institutional Trading Awards. The awards recognize excellence among providers to the institutional trading industry as determined by a panel of independent judges who reviewed award submissions from brokerage firms, exchanges and financial technology providers.
Determinations were based on the level of innovation the applicants achieved over the previous year as well as their perceived value to market participants. Wall Street Letter announced the winners at an awards ceremony held in New York City on February 25th.
Tethys is proud to win a WSL award for the second year in a row said Nitin Gambhir, Tethys Technology CEO. “Equities have been a core part of our business since 2004. Years of continuous innovation have made the Tethys trading platform the global leader for strategy and algorithmic trading. We have won best platform awards for equities, futures and options in the last twelve months. This achievement is unsurpassed in the Industry. We congratulate our staff and thank our customers and partners for their support.”
The TethysEMS is one of the most powerful and flexible cross-asset, broker-neutral algorithmic trading platforms available today. The TethysEMS offers unique equity trading algorithms that maximize profitability through rebate maximization and it is the only platform to combine sophisticated alpha detection with optimal trade execution. In addition to equities, the platform includes trading strategies for listed options, global futures, cross-asset trades and FX. Users may also test and deploy their own trading strategies. Tethys has a dedicated research effort focused on market microstructure and execution algorithms, Tethys has been a leader in providing sophisticated equity trading tools since 2004 when it launched its first trading algorithms for US stocks. Today, the firm offers an extensive set of tools and execution tactics for global equities, options and futures.
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 2004, 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.