Blue Trading Systems spun off from Blue Capital Group, formed in 1998 to make markets in equity index options. The traders were in Chicago, and the analytics and software were built in Chapel Hill, NC.
BCG became highly profitable, transacting a substantial share of domestic equity-index option volume, eventually employing over 80 people, including over 20 floor traders.
Prompted by the decline in business due to the low volatility environment following the 2008 financial crisis, BCG ceased making markets in 2010. Consequently, the NC software development team lost its lone, captive 'customer'.
Several years working closely with seasoned traders to build software tools supporting all aspects of the trading business was perfect training for building commercial option trading systems.
Our team has been together over 15 years. And most of that time, unlike our competitors, our feet were held to the fire of trading P and L. That experience shapes all aspects of our products, as does our uncompromising dedication to reliability and general engineering excellence. Our support team has similarly extensive experience working directly with traders. Its target is 100% customer satisfaction.