Product Overview of Trading Technologies
Trading Technologies International, Inc. (TT) is a leading Software-as-a-Service (SaaS) technology platform provider serving the global capital markets industry. The TT platform is a comprehensive solution designed to support the entire trade life cycle, offering advanced tools for trade execution, order management, market data solutions, analytics, trade surveillance, risk management, and more.
Key Features and Functionality
Trading and Execution
- The TT platform enables real-time trading across multiple markets, including futures, options, cryptocurrencies, fixed income, and foreign exchange (FX). It provides direct, high-speed connections to all major international exchanges and liquidity venues.
- Users can execute trades with single-click order execution using the patented MD Trader® ladder, which offers a depth of market order entry screen with unparalleled speed and reliability.
Multi-Asset Coverage
- The platform supports trading across a wide range of asset classes, including listed derivatives, equities, equity-adjacent subclasses (such as preferred, warrants, and SPACs), equity options, FX, and fixed income.
Analytics and Market Data
- TT offers robust analytics tools, including a comprehensive transaction cost analysis (TCA) tool for futures trading known as TT Futures TCA. This tool leverages a vast collection of anonymized, millisecond-level futures market and trade data with various metrics and measures.
- The platform provides access to real-time market data, enabling users to power their charts and trades with speed and reliability. It also includes historical transaction data to inform future trading decisions.
Trade Surveillance and Compliance
- TT Trade Surveillance is a sophisticated tool powered by the proprietary SCORE machine learning algorithm. It extends coverage beyond listed derivatives to include equities, equity options, FX, and fixed income. The system includes 47 new user-configurable surveillance models to detect manipulative or disruptive trading activities such as insider trading, front-running, and naked short-selling practices.
Risk Management and Portfolio Analysis
- The platform includes pre-trade risk checks, order cross prevention, and post-trade risk and portfolio analysis. A risk matrix is available to assess multiple scenarios simultaneously for changes in price and volatility. Users can combine order activity across all execution platforms to get a comprehensive overview of all positions and orders.
Algorithmic Trading and Automation
- TT features the Algo Design Lab (ADL), a visual programming platform that allows traders and programmers to design, test, and deploy automated trading programs without writing code. The Autospreader® tool facilitates the rapid creation and execution of synthetic spreads across up to ten exchanges simultaneously.
Mobile and Customizable Trading
- The TT Mobile application allows traders to chart and trade from Android or iOS devices, providing flexibility and accessibility. The platform is fully customizable, enabling users to create a trading desktop tailored to their needs.
Infrastructure and Security
- The TT platform is built on a global network optimized for speed, accessibility, and security. It offers superior hosting, network, and exchange services to ensure maximum performance.
Additional Tools and Services
- The platform includes various other tools such as TT Charts for analyzing and trading directly from charts, market maker capabilities to create two-sided markets, and a trading simulator to test strategies against a simulated matching engine.
In summary, Trading Technologies provides a holistic trading solution that enhances the trading experience through advanced execution tools, comprehensive analytics, robust trade surveillance, and robust risk management capabilities, making it a pivotal platform in the global financial markets.