News Blue Trading Systems Blog, Events, and Highlights

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Published: 31 August 2017

BTS Edge API beta helps customers extend their trading platform. This sample demonstrates how easy and intuitive it is to integrate your proprietary algos with our tasking system.

In this example we connect to the EngineService to demonstrate basic interaction with the BTS Edge system. We check that the eye is actively working and set up a heartbeat so the engine can verify that your extension is running correctly. We get and set the parameters for the eye, and define the target securities for the engine.

Read more: BTS Edge API Code Sample

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Published: 24 August 2017

The CME has recently entered into an exclusive agreement that will return Russell products from ICE back to CME. Blue Trading Systems attended a recent gathering sponsored by FTSE Russell to mark this important expansion of equity index products offered by CME Group. Exchanges, regulators, proprietary trading firms and technology providers met informally to discuss the transition.

“Offering the Russell 2000® Index at CME Group to trade alongside our suite of equity index benchmarks provides our customers greater capital and risk management efficiencies,” said Tim McCourt, CME Group’s Global Head of Equity Products. “We’re pleased to provide a powerful tool for investors seeking to manage risk in the small-cap segment.”

On July 10, 2017, the FTSE Russell Index Futures products returned to trading at the CME with an average daily volume of about 14,000 contracts (with 13,517 futures and 433 options traded daily). As of last week, their largest trading volume since the launch was Thursday, August 17 with 33,533 E-mini Russell 2000 futures contracts traded.

“Volatility spiked on Thursday the 17th during the day and customers came to the CME Group to manage risk where they can access equity indices on a single platform,” said McCourt “We’re excited to offer a more cost effective opportunity for global exposure using futures and options, with margin offsets of up to 70% against the S&P 500, Nasdaq and Dow Jones indices.”

“We are pleased to bring the Russell US index products back to the CME Group offering an efficient hedge to cash index options,” said Sean Smith, Managing Director of Derivatives Licensing at FTSE Russell. “We continue to work together with all our strategic partners to help deliver innovative Index products to the market. We want to thank everyone who came out to mark this transition.”

Blue Trading Systems was honored to be part of the conversation, and looks forward to supporting Russell index options traders through this transition. We invite you to see how BTS Edge can help you identify opportunities and manage and diversify risk in this small cap segment.

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Published: 17 August 2017

How we consistently deliver low latency software solutions

Our roots in trading have made us aware of the need for consistent speed. Earlier this year, we decided to look at what our experience taught us building low latency software solutions. Our commitment to providing reliable and dependable products has taught us to treat performance as a primary design driver, measure realistically and to cultivate mechanical sympathy. Read below to learn more about what we’ve learned along the way, and what mechanical sympathy is exactly.

Read more: How We Consistently Deliver Low Latency Software Solutions

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Published: 10 August 2017

Blue Trading Systems is offering a new Edge API to help beta customers extend their trading platform. Intuitive and easy to learn, our API enhances the user experience and extends market capabilities, as well as enables developers to focus on proprietary strategic initiatives.

Data is delivered as a transactional stream of typed business objects, obviating the need for error-prone parsing code. Fully functional examples of code are provided in the documentation to get developers up to speed quickly.

Edge API is integrated into a .NET reactive framework for data manipulation. Searching, filtering and grouping information is easy using a strongly typed C# interface integrated with Language Integrated Query (LINQ). Excel’s RTD functionality can be used to stream business objects from Edge API into an Excel spreadsheet in real time. All core API streaming and RPC functionality are available through the Excel interface, facilitating rapid creation of prototype user interfaces or trading algos.

Let BTS Edge API’s user-friendly interface, enhanced capabilities and real time functionality reduce your development time and cost. If you are interested in becoming a beta customer, please call us to learn more about this opportunity.