Blue Trading Systems News, Events, and Highlights

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meet BTS at FIA Boca

Blue Trading Systems' Managing Partners Taha Afzal and Kevin Darby will be attending the FIA Boca conference this week. If you would like to enhance your trading strategies, accelerate your quoting times or simply have a beer with us, let us know.

With low latency and agile software solutions, we provide options market makers and proprietary trading firms forward-thinking resources that meet today's demanding markets. Our feature updates are seamless, our customer service is responsive and our success is dependent on your success.

We look forward to hearing how we can help you maintain that competitive edge as well as your position as a market leader in the derivatives space.

Click here to schedule a meeting!

The BTS Auto Hedger automatically hedges electronic trades executed through the BTS Edge system. Our Auto Hedger’s operation is customizable in several ways including the order type to use, the hedging strategy employed and what safeties checks should be enforced. We'll briefly touch on the hedging strategies here.

The simpler of two hedging strategy options is to immediately fire a hedging order for any option fill with sufficient delta. Using this strategy, any fill with less than the required delta will be ignored.

The Second option is our new delta pool Auto Hedger. With the delta pool hedger, the delta from every trade of a hedging security adds to the tally of the delta to be hedged. This continues until the pool reaches the specified size. Once the delta pool is full, the hedger fires either a limit or market order to bring the pool back to the configured baseline.

To learn more about our delta pool hedger and how it can work for you, click here to email or call us and we will be happy to answer your questions or give you a demo.



“How can I quote a spread that doesn’t exist yet?” “How can I respond to demand for call spreads with a Delta between 20 and 60 at a particular edge level?”

With BTS Edge you can automatically make a market on new spreads when they are added to the exchange, or respond automatically to an RFQ message indicating customer demand. The all-new auto RFQ response module is built atop our innovative and trusted electronic tasking system.

Configuring Auto RFQ response is as easy as filtering the table of existing RFQs and specifying a target task. You can filter based on any combination of security type, symbol, expiration, spread type, and a specified range of Strikes or Greeks. Once you have a filter specified you simply select an existing task from the drop-down and check the box to verify. Now any new RFQs that match the rule will be automatically added to the task, and you can create as many rules as you need.

If you are interested in learning more or would like a demo of Blue Trading Systems’ software click here to contact us.


Our roots in the options trading industry have allowed us to create an intuitive interface to our ultra low latency quoter. Electronic quoting is done with our Tasking interface, and is integrated into our trading sheets and spread book.

Simply right clicking on either the sheets or spread book lets you create a new quoting task or edit an existing one. You can easily set the edge and size for bid and ask, specify the target number of contracts, and start quoting with only a few clicks, or you can further streamline the process by making templates beforehand.

You can quote a range of outrights by quickly dragging over the rows in the options sheets, or quote a range of spreads with the same actions in the spread book. Securities can be added or removed before the task is started. Any task can be paused and edited from sheets or spread book where it was created or in the Task Command center where all tasks are listed by name.


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194 Finley Golf Course Road
Suite 100
Chapel Hill, NC 27517
Telephone: (919) 913-0850


141 West Jackson
Suite 3732
Chicago, IL 60604
Telephone: (919) 913-0860