MarketDelta Licenses Trading Technologies’ Entire Patent Portfolio
CHICAGO, May 20, 2013 – MarketDelta Trader LLC (MarketDelta) and Trading Technologies International, Inc. (TT) today announced they have entered into a licensing agreement under which MarketDelta will license TT’s entire patent portfolio, which includes more than 400 patents for electronic trading in financial markets. MarketDelta, which has a strong brand and consistent record of trading and charting innovation, can now build the TT intellectual property that traders worldwide have come to rely upon into its powerful product lineup.
“We are looking forward to offering our customers a trading interface incorporating TT’s technology. TT has innovated significantly for the benefit of the trading community, and we feel our customers will only benefit by us licensing TT’s patent portfolio. We have seen significant growth in our products lately and look to improve our software by licensing TT’s technology. We believe our tools provide traders with an edge, and by incorporating TT’s patents we will significantly increase our customers’ trading efficiency,” said Trevor Harnett, CEO of MarketDelta.
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 36 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.
About MarketDelta Trader LLC
MarketDelta (www.marketdelta.com), established in Chicago in 2003 at the CME, develops and sells advanced decision support, charting, and trading software. MarketDelta specializes in order flow analysis, volume profile, Market Profile®, and advanced technical analysis. MarketDelta is used by proprietary trading firms and professional traders worldwide. MarketDelta connects to a growing number of order routing systems, is distributed by a growing number of leading brokers and FCM’s, is broker neutral, and offers 24 hour support.