Posts tagged as: Tibra

“Tibra stole source code Getco”

250 comments / February 2, 2014

The ink is barely dry on the settlement agreement with Optiver, and new trouble looms for Tibra. Rumor has it Tibra has got a problem with Getco, or KCG as it is called after the take over of Knight. It’s a listed company nowadays, KCG. Game changing hire In november 2012 two former executives fromRead more

Tibra settles with Optiver

43 comments / January 30, 2014

Rumor has it Tibra Trading finally settles the conflict with Optiver. Eight years ago Tibra was founded by rebel Optiver traders in Australia. They allegedly took with them a serious chunk of source code of the proprietary trading software, called F1. The case has been dragging on for almost a decade, and included trips toRead more

Tibra leaves Swiss Exchange

183 comments / October 28, 2013

Mentioned over the weekend already in the comments. Last friday the news was shared by SIX Swiss Exchange the membership of Tibra Trading Europe will end on October 31th 2013 (pdf) . This means they’re leaving the market making in Swiss equity options. The firm is closing down desks one by one. Rumor has itRead more