Chicago-based Trading Technologies International has partnered with TradeStation Securities to integrate its functionality for options-on-futures trading and distribute TT’s flagship trading platform to the broker dealer’s customers globally.
The TT platform provides market access and trade execution through the software-as-a-service (SaaS) delivery model. In addition, the solution provides access to 45 major international exchanges and Liquidity platforms.
The deployment will provide the TradeStation Securities’ customers with the fully integrated suite of execution and trading tools, as well as the means to access derivatives products. This includes MD Trader® offering and TT’s Advanced Options tools for options-on-futures analytics, strategy creation, and Risk Management . Moreover, TradeStation Securities will revamp its business and infrastructure technology and will add access to all Trading Technologies features.
The platform already serves a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers, and risk managers.
Never to Miss the Crypto Mania
Trading Technologies is a two-decade-old fintech firm and over the years has expanded its reach to five continents. Earlier in January, the trading software provider ventured into the cryptocurrency space with a new partnership with popular exchange operator Coinbase to give institutional traders direct market access to both bitcoin and bitcoin futures. It has also partnered with Coinfloor’s British Virgin Islands-based trading platform, CoinfloorEX, to improve cryptocurrency trading functionality and market access through implementing its TT Score machine learning technology.
TradeStation Securities is the US-based broker-dealer arm of TradeStation, a wholly owned subsidiary of Monex Group, Inc., one of the largest online financial services providers in Japan.
After TradeStation parted ways with its foreign exchange business in 2016, the registered futures commission merchant (FCM) is now focusing its efforts on delivering best execution to its clients in exchange-traded products.