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Blue Trading Systems News, Events, and Highlights


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Blue Trading System’s is a family of traders, technologists, innovators and committed professionals. The women and men that work here want to build something that not only meets demand but advances the industry. We are sharp, loyal and strategic.

As we enter 2018, we wanted to highlight the people behind the name. These are the ones applying their knowledge, dedicating their time and investing their money in Blue Trading Systems. Throughout this year we invite you to learn more about the people building the solutions.

This week we are excited to introduce to you Taha Afzal, Managing Partner and Co-founder of Blue Trading Systems. Taha will be in Chicago this week at the Securities Traders Association of Chicago’s Mid-Winter Meeting. If you would like to meet with him, please send him a note at This email address is being protected from spambots. You need JavaScript enabled to view it..


Taha Afzal
What is your name, title and responsibilities at Blue Trading Systems?
Taha Afzal, Managing Partner and Co-founder. While we’ve been around for almost a decade, BTS operates like a startup and just like most, responsibilities include anything that needs to be done. However what I enjoy the most are product design, developing volatility management tools and electronic trading algorithms.

How did you get into this field of derivatives trading? Trader or technologist?
Technologist. During the last few months of graduate school, I got exposure to financial engineering which got me interested in derivatives, and as luck would have it, a friend of mine forwarded me an email of his friend who was looking to hire developers at an Options trading firm. That firm was Blue Capital Group, from which Blue Trading Systems was spun off, and the hiring manager was Pedro Pinto.

From your perspective, can you describe the relationship between BTS and its clients?
I believe that close relationships with clients is one of our strengths. The founders stay in constant touch with our clients, and whether it is discussing volatility curve dynamics or helping them optimize their electronic trading engines for maximum performance, we are always there to help them. We love to discuss ideas with our clients and incorporate their feedback into the system, to make it a win-win situation for both sides.

How has BTS evolved since you started at the company?
Technologically, we have never been stronger. Philosophically, we have never been more in touch with our strengths.

What are a few challenges the industry is currently facing?
Rapidly growing and fast evolving regulations for one. For algorithmic traders, its the need for speed and the constant challenge to be at the forefront of it (thankfully, that works in our favor). There is also the ever growing volume of data, which presents its own challenges.

What is your favorite piece of advice regarding trading, technology, the markets, leadership?
Embrace the changes, things move quickly. However, respect the basics and fundamentals, they never go away. Hire the best people you can, and trust them.

If you had to pick, what animal would you be and why?
King Cobra. It eats other snakes !

If we have piqued your interest, please visit our About Us page for more information about our people and our history. We also invite you to learn more about our superior options and futures trading platforms BTS Edge and BTS Spark.


Blue Trading System’s is a family of traders, technologists, innovators and committed professionals. The women and men that work here want to build something that not only meets demand but advances the industry. We are sharp, loyal and strategic.

As we enter 2018, we wanted to highlight the people behind the name. These are the ones applying their knowledge, dedicating their time and investing their money in Blue Trading Systems. Throughout this year we invite you to learn more about the people building the solutions.


Trev Colvin
What is your name, title and responsibilities at Blue Trading Systems?
Trev Colvin, CEO, which in my case is a misnomer. I am the oldest and put in most of the money. I provide managerial and business guidance.

How did you get into this field of derivatives trading? Trader or technologist?
I defected from science to finance. Lucky me. It’s been great. I love the urgency. It’s exciting.

From your perspective, can you describe the relationship between BTS and its clients?
We genuinely care and try to give them better service than they ever thought they would get from a software vendor. I wish they would bug our offices so they could hear how we talk about customer service amongst ourselves. It’s a big deal.

How has BTS evolved since you started at the company?
We have acquired wisdom and character from humiliation.

What are a few challenges the industry is currently facing?
Dwindling volatility and figuring out which, if any, aspect of your intelligence will not become irrelevant when replaced by its superior artificial version.

What is your favorite piece of advice regarding trading, technology, the markets, leadership?
Figure out how to be your authentic self and develop your natural gifts instead of trying to prove something, to whom? Nobody cares.

If you had to pick, what animal would you be and why?
Buddha, because he is the highest form of animal I know.

From all of us at Blue Trading Systems, we wish you a happy and healthy holiday season. We had a great year, splitting time between enhancing our options system and developing our new futures spreader. It has been a pleasure to serve you. We look forward to continuing our partnership, working to help you keep your competitive edge sharp in 2018.

While you are always invited to visit us at BTS headquarters, we want to remind you that North Carolina winters make for risky travel conditions.

Happy Holidays From Blue Trading Systems

With the new year right around the corner, we are gearing up for a busy first quarter. We will be attending events organized by the Securities Traders Association of Chicago and the Futures Industry Association, enhancing our options trading platform, BTS Edge, and bringing our new futures trading solution, BTS Spark, to the market. Please read below if you are looking for information about our superior derivatives trading products or on where you can find us in the new year.

Event Attendance

As we look at the calendar of events for 2018, we are excited to plan for the Securities Traders Association of Chicago’s Mid-Winter Gathering in January. We will be attending the conference to gather information, meet with industry participants and hear what is going on in the world of trading and technology.

Later in the quarter we plan to attend the Futures Industry Association’s 43rd annual FIA Boca conference. This event brings together the industry’s most influential thought leaders to explore the current state of the cleared derivatives ecosystem. We look forward to catching up with our current partners as well as establishing new relationships.

BTS Edge

Next year we will also continue to enhance our options trading platform, BTS Edge. Our advanced trading system offers 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 superior technological foundation for market makers, proprietary trading groups and brokers alike.

BTS Spark

In 2018, we will also be bringing our new futures trading solution to the production market. We developed BTS Spark due to market demands for more control over server hardware, better support from vendor partners and lower latency in the futures space. In fact, we are collaborating with Celoxica to offer an accelerated version of BTS Spark with expanded market coverage. The result is far less market data jitter through lower, deterministic latencies and superior overall trading performance.

Connecting

Next year, we will continue to help and support traders in the options space, expand our services to the futures market and further establish relationships with derivatives industry professionals. If you would like to learn more about Blue Trading Systems or meet up with us at STAC’s Mid-Winter Gathering or FIA Boca, please email us at This email address is being protected from spambots. You need JavaScript enabled to view it.. We look forward to connecting with you in 2018.


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