Trading Technologies’ TTNET™ Announces New Client Win for Global Distribution of X_TRADER® Software

June 26th, 2012 - 11:00 pm ET by Business Wire

Trading Technologies’ TTNET™ Announces New Client Win for Global Distribution of X_TRADER® SoftwareTrading Technologies International, Inc. (TT), a leading provider of order-entry software and solutions for professional derivatives traders, and Macquarie Bank Limited’s Futures Division (Macquarie), a global ...

Trading Technologies International, Inc. (TT), a leading provider of order-entry software and solutions for professional derivatives traders, and Macquarie Bank Limited’s Futures Division (Macquarie), a global provider of futures execution, clearing and financing solutions, today announced that Macquarie has selected TT’s low-latency, fully managed hosting solution. TTNET will provide access to the global derivatives markets for institutional clients and internal execution desks. Macquarie will leverage TT’s full suite of order-entry software and server-based algorithmic execution tools, including the ADL™ (Algo Design Lab) visual programming platform for algorithmic strategy creation, through TTNET’s proximity hosted architecture.

TTNET accelerates customer access to geographically diverse international futures markets and increases trading platform stability through its high-performance, resilient data centers. TTNET’s architecture enables firms to minimize latency by hosting TT’s high-speed exchange gateways and server-based execution tools. TTNET operates data centers in Chicago, New Jersey, São Paulo, London, Frankfurt, Tokyo, Singapore and Sydney.

Harris Brumfield, CEO of Trading Technologies, said, “We are very pleased to be expanding our relationship with Macquarie on a global level. We believe our high-performance hosting and software solutions will be instrumental in helping Macquarie aggressively pursue new growth opportunities in the U.S., Europe and Asia as well as in their native Australia.”

Macquarie Global Head of Futures Bill Marynissen said the appointment of TT was prompted by growth in Macquarie’s worldwide 24-hour futures business. “The technology will be initially rolled out in the U.S., and is expected to be followed by implementation in London, Asia and Australia,” he said.

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world’s premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company’s X_TRADER software and related services provide direct access to dozens of the major international derivatives exchanges. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, São Paulo, London, Frankfurt, Singapore, Tokyo and Sydney. Headquartered in Chicago with 12 offices globally, TT has received "best in class" awards from numerous independent third parties including FOW, Buy-Side Technology, The Technical Analyst and Chicago magazines as well as the Illinois Information Technology Association (ITA).

Contacts :

3Points Communications
Drew Mauck
M 773.203.5456
O 312.725.7950
drew@3ptscomm.com


Source(s) : Trading Technologies International, Inc.