Tsachi Galanos, CEO of Bookmap, talks to Matt Zimberg, CEO of Optimus Futures, to discuss the Bookmap Trading Software.
What is your personal background and how did you end up with developing Bookmap?
Tsachi: I have over eight years of experience in the financial services industry. In the beginning, I dealt with automated trading strategies and trading systems, including HFT. Roughly two years ago VeloxPro, the company I manage, shifted its focus from proprietary trading activity (mainly algorithmic HFT), to developing an Order Book visualization platform. We named our platform Bookmap (stands for order BOOK and heat MAP).
The reasoning behind the development of Bookmap was the need for a more advanced analysis tool for our HFT activity. Sergey, my partner, and I wanted to visualize the orders we sent to the market. When traders that worked with us saw the initial version of the heatmap we developed, their reaction was