Tuesday, January 25, 2011 at 1:23PM
Deltix, Inc. today announced that Bond Trust. Ltd, has been appointed the exclusive distributor in mainland China for the Deltix QuantOffice™ and QuantServer™ product suite.
Deltix offers a one-stop software platform for quantitative traders and portfolio managers to create, test, optimize and deploy in production alpha generation and execution strategies. Bond Trust is an asset management and advisory firm, with offices in Hong Kong and Shenzhen, with an expertise in quantitative research.
Under the agreement, Bond Trust will use the Deltix platform for their own quantitative funds and distribute the Deltix product suite to Bond Trust clients as part of its quantitative advisory services to institutional money managers in mainland China. Bond Trust will also develop and sell a strategy development and back-testing front-end application, overlying Deltix QuantServer, to Chinese retail customers.
Charles Huang, CEO of Bond Trust (www.bondtrust.hk), comments “The Deltix product suite is a proven integrated research and trading platform for quantitative money managers. We will combine this platform with our advisory services to offer institutional clients in China the most advanced quantitative investment and trading capabilities. QuantOffice™ will provide our clients with advanced research capabilities whilst QuantServer™ will allow them to promote tested and optimized alpha generation and execution strategies to production trading.”
In respect of Bond Trust’s entry into the Chinese retail market, Huang said: “We believe there is strong demand amongst the Chinese retail trading community to develop and test quantitative trading strategies as a means of systematizing their trading. As such, we will be bringing to market a retail version, using the Deltix platform, during the first half of 2011.”
Ilya Gorelik, CEO and Founder of Deltix said, “We are very excited to be working with Charles and his team at Bond Trust in these initiatives. As an experienced money manager in China, Bond Trust is very well positioned to extend their expertise and our software to the institutional and retail markets for quantitative traders and money managers in China. ”