RGM Advisors, LLC
|RGM Advisors, LLC|
|Key People||Robbie Robinette, Richard Gorelick, Mark Melton, Travis Schwab|
RGM Advisors, LLC is a proprietary trading firm that applies scientific methods and computing power to trading in multiple asset classes around the world. The company currently focuses on high-frequency, high-volume trading strategies, taking short-term positions in thousands of instruments,and is based in Austin, Texas. It also maintains an office in London through an affiliate.
The company develops its own algorithms and has its own execution platform to support them. RGM only executes trades algorithmically.
RGM has a team of approximately 110 professionals, including software developers, information technologists and scientists with backgrounds in computer science, physics, chemistry, statistics and ecology.
In 2001, RGM President Robbie Robinette, Richard Gorelick and Mark Melton founded RGM, initially setting up business operations in Robinette’s Austin, Texas living room. The company commenced trading in December of that year, and in early 2002 moved into more traditional office space down the street in the Tarrytown neighborhood of Austin.
The company has gradually expanded its trading operations and began automated trading of NASDAQ equities in 2001. Over the next years, the company added NYSE stocks, exchange-traded funds (ETFs), futures and currencies to its trading mix.
In June 2005, the company moved its headquarters to a building in downtown Austin to accommodate its growing team. In October 2005, the company established a UK affiliate and opened its London office to manage its European trading.
On September 1, 2011, RGM CEO Gorelick spoke at a panel on high frequency trading (HFT) hosted by the Futures Industry Association. The panel, which was moderated by MarketsWiki founder John J. Lothian, sought to dispel some of the misconceptions surrounding HFT. For more information, or to view a video of the event, visit MarketsWiki.tv.
In January of 2008, growth private equity and buyout firm, TA Associates, announced it had completed a minority equity investment in RGM Advisors, LLC (RGM). The amount and terms of the investment were not disclosed.