BTS Edge, Up Your Options Game. BTS Edge, Up Your Options Game.

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BTS delivers comprehensive, high-performance trading solutions to professional options traders.

Our advanced trading system has successfully weathered many market cycles, often in extreme conditions. We offer an intuitive user interface which both assists with trading decisions and scours the market for opportunities. The flexibility in setting volatility curves to reflect true market value leads to reliable prices and realistic, accurate risk reports. Together, these tools provide a solid technological foundation for market makers, proprietary trading groups, and brokers alike.

Our support team is made up of industry veterans who understand the urgent nature of this business, as well as the notion that technology issues can be expensive and time-consuming. Critical production issues receive immediate attention from the support, engineering, and management.

Our tenure as a trading firm is part of our DNA. We build practical, efficient solutions to the complex problems presented by today’s capital markets. We take pride in our work and hold ourselves to a high standard of quality.


Trader Designed Interface

User interface design driven by trader workflow

Our intuitive approach assists with identifying and exploiting opportunities with advanced market searching and trade execution functions. Our tools are designed around observed workflow patterns of successful Options Market Makers, Proprietary Trading Groups, and Brokers.

  • A fast and user-friendly desktop and floor user interface
  • The ability to RFQ electronic markets from the floor
  • Highly configurable sheets and spreadbook
  • A dynamic reporting engine with real-time risk and P&L
  • Easy click trading and spread creation
  • Support for multiple symbols and exchanges in a single pricing sheet
  • Control of electronic trading tasks integrated with pricing sheets

Volatility Management

Our enhanced Volatility Surface controls offer a significantly more effective interface for managing volatility

  • Polynomial, spline, two-sided and custom volatility models available
  • User-calibrated dynamic response of volatility curve level and shape
  • Control points moved by volatility or price
  • Volatility curves linked across symbols and expirations

Risk Management

Our risk reports provide a comprehensive survey of your position's exposure to changes in market conditions in a flexible, user-specified format

  • Risk measured along user-specified volatility-versus-underlying paths
  • Delta, Gamma, Vega, Theta, Charm, Vanna, Volga as well as shape greeks
  • Global vega custom-aggregated across product and expiration
  • A reporting engine for user-designed P&L and risk reports

Electronic Trading

We built our electronic trading system from the ground up for today's markets

While much of our product offering has roots in proprietary on-floor market making, our new electronic trading system was built from the ground up in C++ to achieve the latency profiles necessary to compete in today’s electronic derivatives market. We work continuously to optimize and expand our low latency electronic trading offering. Fast release cycles ensure we respond quickly to changing industry conditions.

  • Ultra low latency quoter and electronic eye
  • Delta-pool based automated hedger
  • Tasking system allows control of electronic eye and quoter tasks without leaving the pricing sheets
  • An extensive set of automatic safeties including cancel on gap, gating or throttling and hedge depth protection
  • Easy to use web interface for risk limits and margin reporting

BTS Edge {API}

Combining simplicity and flexibility, our API allows you to link our product to your proprietary methods. We generate .NET and C++ wrappers over our core C API with the following endpoints:

  • Market Data: Subscribe to the best-bid-offer for an option, future or listed spread
  • Orders: Send orders for Options, Futures or Listed Spreads
  • Trades: Subscribe to the trades feed to receive notification of a fill or push trades to BTS to analyze in our risk system.
  • Theos: Publish your theoretical prices to BTS or use our values to support your custom solution
  • Engine Control: Set electronic eye and quoter edges and sizes en-masse for custom trading strategies

Have a Question?

Chicago

318 W Adams St
Suite 1724
Chicago, IL 60606
Telephone: (919) 913-0850

Chapel Hill

194 Finley Golf Course Road
Suite 100
Chapel Hill, NC 27517

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Email: info@bluetradesys.com
Twitter: @bts_software
LinkedIn: Blue Trading Systems
Facebook: Blue Trading Systems