Since 2014, CITIC has used Itiviti’s Orc Market Making platform to support its business in China. As the options trading environment in China continues to develop with more listed products, the firm has decided to adopt Tbricks, Itiviti’s next generation trading platform in order to further expand its market making business.

“We went through an intensive assessment process to ensure that Tbricks would not only meet our compliance and IT standards, but also help enhance and scale our market making business by means of speed, flexibility and automation,” commented Cheng Miao Cai, Managing Director, Equities Derivatives, CITIC. “CITIC is very much looking forward to leverage the full performance of Itiviti’s platform.”

“We appreciate the trust CITIC has placed in our technology and solutions,” said Dennis Chen, Vice President Sales APAC, Itiviti. “CITIC’s selection of Tbricks to support their continued growth is a significant milestone for our contributions to the evolution of the Chinese options market.”

“China continues to be a key market for Itiviti’s Asia Pacific growth strategy and we are pleased to see the continued uptake of Tbricks in the options space, which is further testimony to our trading platform’s capabilities and the business potential it uncovers for customers,” commented Ofir Gefen, President APAC, Itiviti. “The Itiviti team is excited to work with financial industry leaders like CITIC, in developing innovative solutions that best fit their needs in the evolving and complex market landscape.”

Tbricks is a powerful trading platform designed for today’s markets, fusing flexible, scalable and co-located trading with a blazingly fast core system. Banks and trading firms rely on Tbricks to automate sophisticated strategies on diverse venues across the globe.

For further information, please contact:
Ofir Gefen, President APAC, Itiviti, Tel: +852 2167 1950, Email: ofir.gefen@itiviti.com
Dennis Chen, Vice President APAC, Itiviti, Tel: +852 2167 1950, Email: dennis.chen@itiviti.com
Agnes Wong, Marketing Director APAC, Itiviti, Tel: + 852 2167 1986, Email: agnes.wong@itiviti.com

About CITIC Securities
CITIC Securities Co., Ltd. is China's largest full-service investment bank. The company focuses on providing high-quality securities related services, including securities trading, underwriting and sponsoring, proprietary trading, asset management and investment banking advisory.

CITIC Securities was established in 1995 and is headquartered in Shenzhen, Guangdong Province. The company’s A shares (SSE:600030) are listed on the Shanghai Stock Exchange (SSE) and H shares (SEHK:6030) are listed on the Main Board of The Stock Exchange of Hong Kong Limited (SEHK).

About Itiviti
Itiviti enables financial institutions worldwide to transform their trading and capture tomorrow. With innovative technology, deep expertise and a dedication to service, we help customers seize market opportunities and guide them through regulatory change.

Top-tier banks, brokers, trading firms and institutional investors rely on Itiviti’s solutions to service their clients, connect to markets, trade smarter in all asset classes by consolidating trading platforms and leverage automation to move faster.

A global technology and service provider, we offer the most innovative, consistent and reliable connectivity and trading solutions available.

With presence in all major financial centers and serving around 2,000 clients in over 50 countries, Itiviti delivers on a global scale.

For more information, please visit www.itiviti.com.

Itiviti is owned by Nordic Capital.


Posted in: Orc , Tbricks , Dennis Chen , Itiviti , Ofir Gefen , Citic , Cheng Miao Cai


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