From the Wires
PJM Capital chooses TethysEMS trading platform for its Performance, Global Coverage and Cloud Delivery
By: PR Newswire
Dec. 4, 2012 07:00 AM
NEW YORK, Dec. 4, 2012 /PRNewswire/ -- PJM Capital has gone live with TethysEMS the market-leading multi-asset algorithmic trading platform from Tethys Technology, Inc. PJM has chosen the TethysCloud solution for the deployment of the platform.
Tethys Technology, Inc. continues to expand its universe of clients by winning the business of PJM Capital. PJM Capital is a quantitative investment management firm located in Potomac Falls, VA. PJM follows a scientific approach to trading that involves the creation, testing and implementation of models that are consistent with state-of-the-art methodologies in the investment field.
The TethysEMS includes sophisticated analytics and trading tools that have been proven globally. The platform helps our clients achieve significant improvements in quality of trade execution. With a team staffed by experts in applied quantitative finance and computing, Tethys has a dedicated research effort focused on market microstructure. The Tethys platform features industry-leading multi-asset class trading algorithms and also includes a feature-rich development environment that allows clients like PJM Capital to develop and test their own algorithms and trade ideas.
"We are pleased with our choice of TethysEMS for our global futures trading needs. We have used other systems before and chose the TethysEMS for its performance, flexibility and high-quality global support. We were able to build and test our proprietary strategies rapidly and be ready for production within one week. We trade in Asia, Europe and the Americas. The Tethys organization has done an outstanding job and exceeded our expectations," said Jacqueline Matthews, Managing Partner at PJM Capital.
"We are pleased to welcome PJM to our growing roster of clients. The TethysEMS platform and the TethysAlgo suite maintain a strong marketplace momentum. A unique and outstanding product and an engaged customer-focused service organization are driving our growth. Our ability to rapidly deliver solutions through the TethysCloud offering further distinguishes us," said Nitin Gambhir, CEO of Tethys Technology, Inc.
About Tethys Technology, Inc.
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 (212) 509-5600
SOURCE Tethys Technology, Inc.
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