Trading Technologies Launches X_TRADER® 7.6

Discussion in 'Trading Software' started by TT News, Feb 11, 2009.

  1. TT News

    TT News

    CHICAGO, February 11, 2009 - Trading Technologies International, Inc. (TT) today announced the release of X_TRADER 7.6, the newest version of TT’s market leading professional derivatives trading platform. X_TRADER 7.6 adds new features that enhance functionality, usability, deployment and user administration.

    "In this tough economy, traders are demanding more and more from their trading platforms. We have to stay ahead of the curve and innovate every day. This new version of X_TRADER incorporates a number of cutting-edge enhancements and should give our customers an advantage," said Harris Brumfield, CEO of TT.

    X_TRADER 7.6 significantly improves performance across all major functional areas, including price updates, order handling, contract loading and workspace opening. X_TRADER 7.6 benefits from TT’s upcoming PFX price protocol architecture, which maximizes the speed of price delivery, minimizes the size of price messages, reduces client interactions with the price server and achieves faster price recovery in network outage scenarios. The breakthroughs in PFX design and architecture have produced greater than a 10-fold increase in data throughput capacity while further optimizing machine resources.

    X_TRADER 7.6 also provides traders with additional market insight and decision support by adding new ways to filter and manipulate the display of market data, price movements and specific trading activity at the most detailed level. Any X_TRADER user could potentially benefit from these enhancements, which include:

    - The ability to highlight large trades and apply different filters to multiple products in the Time & Sales window.
    - "Live Only", which when enabled will display only those contracts with an active bid, ask or last traded price in the Market Grid window. This feature is especially useful for options and energy traders.
    - Usability enhancements that make it easier to add, subtract, highlight and manage data in the Market Grid window.
    - Advanced search capabilities to more easily locate spreads, strategies and options in the Market Explorer window.

    Additionally, new Autospreader® functionality in X_TRADER 7.6 provides users with even more flexibility to control and refine their spread trading strategies to potentially improve results. For example:

    - Synthetic spreads are now displayed and tradable in the Market Grid window.
    - "Smart Quote Limit" helps manage the re-pricing of quoting orders.
    - "Base Volume Lean" quantifies the minimum number of contracts a quoting leg order needs to lean against.
    - "Do Not Hedge" disables the sending of an automatic hedge order upon a quoting order fill.
    - Quoting logic enhancements prohibit a quoting order from leaning on a price when both the bid and ask are at the same price level.

    Lastly, key "under the hood" enhancements simplify certain aspects of X_TRADER deployment and user administration. These new features will benefit a firm’s administrators and IT support personnel.

    X_TRADER 7.6 is now available globally. Consult the TT website (www.tradingtechnologies.com) for more information, including contact details for TT’s regional offices and global distributors.

    About Trading Technologies
    Trading Technologies 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 the major international derivatives exchanges. X_TRADER 7.4 was named "Innovation of the Year" by FOW magazine in 2007 and "Best Buy-Side Commodities Trading Platform" by Buy-Side Technology magazine in 2007 and 2008. 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, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a global presence with offices in New York, Stamford, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. Chicago magazine named TT the best technology company to work for and ranked TT third among all Chicago area employers. TT also received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) in 2006 as the leading technology company in Illinois and was named Technology Company of the Year by FOW magazine in 2008.
     
  2. DmanX

    DmanX Guest

    Gasp! Still not Vista compatible...

    Good thing Ninja with ZenFire is. :)
     
  3. Dale Box

    Dale Box Velocity Futures

    I've got a lot of traders running on Vista without any issues.

    Install using the XP Compatibility Mode.
     
  4. TT News

    TT News

    We rigorously test X_TRADER® and its components on multiple operating systems (including Vista) and continue to recommend the Windows XP Pro operating system for optimal performance.

    Guardian 7.6 was recently released and addresses Vista specific issues with startup and firewall access. We intend to repackage X_TRADER® 7.6 with Guardian 7.6 in the near future.

    Trading Technologies continues to work with Microsoft regarding improving message handling performance on the Vista operating system. We also continue to investigate the other new operating systems but do not have firm release dates determined yet.

    If you have specific questions, please feel free to post them on the TT User Forum at http://forums.tradingtechnologies.com/.
     
  5. DmanX

    DmanX Guest

    Wow, that's good news!

    Thanks for the heads up.
     
  6. Dale Box

    Dale Box Velocity Futures

    If you have any issues trying it...let me know.