High-Level Overview
Tbricks is a technology company specializing in automated trading systems, offering low-latency, multi-asset platforms for high-frequency trading, market making, and risk management.[1][3] It provides customizable apps, server-based architecture, and tools for equities, options, ETFs, derivatives, and FX, serving principal trading firms and market makers with over 100 clients and 300+ apps.[1][3] Acquired by Orc Group in 2015 and now part of Broadridge (via Itiviti), Tbricks enables automated, scalable trading without heavy infrastructure investments, powering sophisticated strategies like quoting, hedging, and RFQ handling.[1][3][5]
The platform solves key challenges in high-performance trading by delivering low-bandwidth, co-location-ready systems that scale seamlessly, reducing complexity and costs for global financial firms.[1][3]
Origin Story
Founded in 2006 in Stockholm, Sweden, Tbricks emerged to empower professional traders with an open, fast core platform and rich trading apps for automated systems.[1] Led by CEO Jonas Hansbo at the time, it quickly gained traction in low-latency trading, culminating in its acquisition by Orc Group in January 2015—a strategic match blending Tbricks' advanced software with Orc's global reach across 200+ sites in 30+ countries.[1] Post-acquisition, Tbricks evolved under Orc (later Itiviti and Broadridge), incorporating 30+ years of market-making expertise while maintaining its app-based innovation.[3][5]
This merger marked a pivotal moment, leapfrogging platforms and fueling expansion in derivatives and equities trading.[1]
Core Differentiators
- Modular, App-Based Architecture: Users build and deploy custom apps instantly for full control, supporting manual, algorithmic, spreading, and market-making styles across assets.[1][3]
- Low-Latency, Scalable Performance: Server-based, low-bandwidth design enables co-location, high throughput, and easy scaling by adding servers without constraints.[3]
- Multi-Asset Automation Tools: Out-of-the-box solutions for quoting, hedging, volatility management, electronic eye, quote spreading, and RFQ, backed by 30 years of expertise and 300+ customizable apps.[1][3][5]
- Managed Deployment: Platforms like OnDemand eliminate upfront investments, with Broadridge providing reliable, high-performance trading for 100+ clients.[3][4]
Role in the Broader Tech Landscape
Tbricks rides the wave of automated, high-frequency trading amid rising demand for low-latency systems in fragmented, multi-asset markets driven by electronic venues and regulatory pressures.[1][3] Its timing aligns with the shift to cloud-agnostic, scalable platforms post-2010s HFT boom, enabling firms to handle volatility in equities, derivatives, and FX without proprietary builds.[1][3] Market forces like venue proliferation (150+ accessed via partners) and cost efficiencies favor its distributed architecture, influencing the ecosystem by powering global market makers and reducing barriers for mid-tier traders.[1][3]
As part of Broadridge, it amplifies fintech consolidation, blending niche innovation with enterprise distribution.[3][5]
Quick Take & Future Outlook
Tbricks is poised for growth in automated execution as AI-driven strategies and real-time data explode, potentially expanding into crypto derivatives and sustainable trading tools.[3][5] Trends like regulatory automation and edge computing will boost its low-latency edge, while Broadridge's scale could drive 20-30% client growth via managed services.[3] Its influence may evolve from specialist platform to ecosystem standard, marrying app flexibility with AI for next-gen market making—cementing its role in low-latency trading dominance.[1][3]
