Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Trading Technologies Expands Functionality And Adjusts Pricing

Date 08/05/2013

Trading Technologies International, Inc. (TT) today announced that effective June 1, TT will offer X_TRADER® with  bundled  access  to  all  of  TT’s  35  supported  markets for the flat rate of $500 per month and X_TRADER Pro for a reduced price of $1200 per month. Also, X_TRADER will now include synthetic order functionality through its Synthetic Strategy Engine (Synthetic SE), which was previously available only with X_TRADER Pro.

This pro-client move is intended to lower the barrier of entry for firms in need of world-class trading  technology  and  access  to  many  of  the  world’s  largest  futures  markets.  In  addition  to  the  new X_TRADER offerings, TT is introducing immediate cancellation terms for all of its products so that clients are afforded extreme flexibility in their technology decision making.

Harris  Brumfield,  CEO  of  Trading  Technologies,  commented,  “With  today’s  announcement,  we  believe that TT now offers a unique combination of product offerings, each standing on its own merits, that cover the entire spectrum of professional futures traders. X_TRADER provides brokers with the market access and synthetic order functionality they need at a very competitive price point, and, along with X_STUDY®, gives non-automated traders a complete trading solution. X_TRADER  Pro  with  ADL™  (Algo  Design  Lab),  Autospreader®,  Autotrader™  and  TT  API  gives  automated traders a robust suite of innovative tools with server-side execution. Finally, MultiBroker ASP, which we announced earlier this year, 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.”

Customers in TTNET will also be offered new products and pricing along these lines. A complete list  of  TT’s  new  simplified  products and pricing, including changes to X_RISK and FIX order routing, is available on its website.