First Derivatives Connects Delta to BGC’s eSpeed
20 May 2009 FREE
First Derivatives has released an interface for its Delta trading platform, enabling connectivity to BGC Partners’ eSpeed electronic platform for market data, execution and order routing services. The adaptor connects to eSpeed’s US treasury cash, swap and basis markets for FX and ELX futures.
First Derivatives CEO Brian Conlon says “The addition of the BGC platform to the Delta portfolio allows our clients to develop fully automated trading systems across multiple global interest rate, FX and futures markets in a matter of days. BGC‟s deep liquidity in the US treasury marketplace, alongside ELX‟s soon to be launched futures exchange allows our clients to expand the reach of their automated trading systems into all aspects of US interest rates, from a single interface.”
Robert Brown, global head of ebusiness integration at BGC Partners, adds “We are delighted to have worked closely with First Derivatives as part of our preferred vendor program giving algorithmic traders access to an increasing range of products on BGC‟s electronic platform, eSpeed. Today this solution offers an efficient trading mechanism for our US treasury cash and for ELX futures, for which BGC provides the technology. With growing demand for automation of new products such as international government bonds, we look forward to working further with First Derivatives to extend these and other instruments to the algorithmic trading community.”
Categories: ET-Algorithmic Trading, ET-Trading Technology, Electronic Trading

















