Trading Technologies Launches MultiBroker Trading Solution

Discussion in 'Events' started by TT News, Jul 10, 2013.

  1. TT News

    TT News ET Sponsor

    Trading Technologies Launches MultiBroker Trading Solution

    CHICAGO, July 10, 2013 – Trading Technologies International, Inc. (TT), a global provider of high-performance trading software for derivatives professionals, today announced the production release of its MultiBroker trading solution.

    TT’s MultiBroker gives the buy side direct market access via multiple brokers from a single X_TRADER® Pro or API connection to TTNET™, TT’s fully managed global hosting solution. TT software routes orders through TTNET’s end-to-end architecture, never through a third-party network, providing superior speed, stability, and accuracy.

    Other key benefits of TT’s MultiBroker solution include:
    • Enables buy-side firms to mitigate risk by enabling access to multiple brokers
    • Enhances the privacy of the buy side with respect to their intentions and total positions by executing with multiple brokers
    • Allows the buy side to manage risk across brokers from a single interface
    • Allows sell-side firms to differentiate themselves by way of rates/margins, research, asset classes, regional expertise, trading support, and capital introduction, which in turn better meets the varying needs of the buy side
    MultiBroker beta testing began in January with a handful of U.S. and international buy-side firms and eight participating brokers. The production release now makes MultiBroker available to professional traders and brokers worldwide.

    “MultiBroker is the biggest enhancement ever made to the TT platform. We listened very closely to both the buy side and sell side over many years, worked hard to deliver the performance and reliability users expect from TT, and leveraged our proven technology to provide this capability seamlessly in our existing platform,” said Harris Brumfield, CEO of TT.

    All markets, exchanges, and applications offered by TT are accessible through the MultiBroker environment. For more information, please download the MultiBroker brochure or contact your local TT sales representative at one of TT's 12 global offices.

    About Trading Technologies @Trading_Tech
    Trading Technologies (http://www.tradingtechnologies.com), headquartered in Chicago, develops high performance trading software for derivatives professionals, including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers. The company’s X_TRADER software and related services provide direct access to 37 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.