05.15.2013

Trading Technologies to Connect to NASDAQ OMX’s New NLX Exchange

05.15.2013

CHICAGO, May 15, 2013 – Trading Technologies International, Inc. (TT) announced today that TT will connect its X_TRADER® platform and related products to NASDAQ OMX NLX (NLX), a new London-based derivatives trading market.

NLX will initially list European short-term interest rate (STIR) and long-term interest rate (LTIR) euro- and sterling-based futures products. All instruments will clear through LCH.Clearnet,providing optimal initial margin efficiencies for market participants who will have the unique ability to portfolio margin both STIRs and LTIRs in a single clearing house.

“We are delighted that Trading Technologies will join the growing number of partners supporting our market,” said Charlotte Crosswell, CEO, NLX. “We look forward to giving TT customers access to highly competitive fees, the unique ability to trade both ends of the European interest rate curve on a single market, and the potential for significant initial margin savings through portfolio margining both ends of the curve in a single clearing house.”

“We look forward to offering our clients the ability to access the new NLX market through our software. With the product enhancements we announced last week, all of our users will have the option to trade contracts listed on NLX with no incremental charge from TT, regardless of which version of X_TRADER they’re using,” said Harris Brumfield, CEO of TT.

Customers will be able to enter and manage trades on NLX using TT’s full suite of products, including ADL™, TT’s award-winning visual programming platform for automated trading. Customers also will have the ability to use the Autospreader® tool to spread NLX instruments against contracts listed on other TT-supported exchanges across North and South America, Europe, the Middle East, Asia and Australia.

Firms will have the option to host gateways internally or outsource connectivity to TTNET™, TT’s fully managed hosting solution. NLX also will be accessible through TT’s new MultiBroker ASP solution, which is currently in beta.

This announcement regarding TT’s plans to provide support for NLX follows the company’s new link to MexDer, which launched in April. In coming months, TT also will introduce connections to Eris Exchange and GovEx, expanding its global reach to 36 markets.

For more information on trading NLX through TT’s products, including X_TRADER, complete TT’s online inquiry form or contact a local TT representative.

About Trading Technologies @Trading_Tech
Trading Technologies (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 35 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.

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