Welcome!

Open Web Authors: Sarah Lake, Shelly Palmer, Tad Anderson, An Bui, Mat Rider

News Feed Item

Leading Apps Join Mantara's Growing Catalyst Marketplace

TrendLens and SURFACEwave Join Groundswell of Apps Available to Traders Via Innovative Platform

NEW YORK, Feb. 28, 2013 /PRNewswire/ -- Mantara, Inc., a provider of advanced ultra-low latency trading and risk solutions, today announced two additions to its rapidly expanding Catalyst® Marketplace apps environment.  TrendLens from Lumineye and SURFACEwave from SURFACExchange join the growing number of applications available to traders through Mantara's open, scalable, broker-neutral Catalyst® trading platform and companion marketplace.

Designed for performance and usability, Catalyst delivers a fully extensible and customizable desktop trading environment. Its powerful front end enables traders to easily customize or create functionality to achieve trading objectives and execute strategies. Its Catalyst Marketplace provides a virtual financial apps store for research, news and media feeds, and trading tools, algorithms, order routing and analytics from brokerages and investment banks.

Newly added to the Marketplace, TrendLens provides an intuitive visual interface that enables traders to easily build, test, and execute trading strategies using multiple time frames—without writing a single line of code. Operators drag & drop components to create a strategy, set trading parameters, run a back-test using historical data, and validate the concept—all within minutes—without the need to employ expensive programming resources. TrendLens gives traders the ability to "paper-trade" strategies in a live market as the next step toward building confidence to deploy trading capital.

Also joining the line-up of Catalyst Marketplace apps is SURFACEwave, from SURFACExchange, providing the world's first fully electronic, completely anonymous central limit order book for foreign exchange (FX) options for institutional clients. SURFACEwave, offers institutional users globally sourced price discovery, liquid and bespoke trading strategies, transaction anonymity, and straight-through processing of all transactions hosted on the SURFACExchange. 

Jay Hinton, Mantara's global product manager, commented, "These exciting additions further expand Mantara's EMS capabilities, and build upon the Catalyst platform's open-API framework to deliver fully extensible and customizable desktop trading environments and add to the growing list of diversified products and services from 3rd-party vendors within the Marketplace financial apps store."

About Lumineye
Lumineye is a technology company engaged in the development of innovative trading technologies to satisfy the needs of traders sharing their passion for trading. Its flagship product, TrendLens, is a systematic trading software package that enables traders to simply and quickly build, test and execute trading strategies. The Lumineye team is comprised of trading professionals and financial services software developers who have designed and built products for brokers, banks, and asset management firms.

About SURFACExchange
SURFACExchange™ is the world's first electronic and open over-the-counter liquidity pool in foreign exchange options. It operates a global electronic derivatives marketplace offering institutional clients a transactional venue for matching foreign exchange derivatives. Proprietary software brings together buyers and sellers on the company's electronic trading platform. SURFACExchange was created to empower a marketplace and make trading of FX options more efficient and accessible to all.

About Mantara
Headquartered in New York, NY, Mantara, Inc. is transforming global electronic trading through the development and delivery of ultra-low latency desktop trading and risk solutions. With the customizable, broker-neutral Catalyst® platform, the next-generation ExpressWay™ EMS and a low-latency trading infrastructure, Mantara offers innovative solutions to the global trading community, revolutionizing the aggregation, optimization and distribution of trading technology. For more information on Mantara, visit www.mantara.com.

Mantara, Catalyst, and ExpressWay are trademarks of Mantara, Inc. in the United States.

SOURCE Mantara, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.