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).

Source(s) : Trading Technologies International, Inc.