TT Expands Functionality and Adjusts Pricing05.10.2013
CHICAGO, May 8, 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.
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.