Trading Technologies Launches MultiBroker Solution

Wednesday, 30/01/2013 | 21:53 GMT by Adil Siddiqui
Trading Technologies Launches MultiBroker Solution
tt tech

The one to many approach whereby traders can execute their trades on one platform with several counterpary'sts is a new phenomena which gives traders the advantage of choosing which broker to trade with for specific instruments. Cost of trading is one of the most important factors when deciding where to execute and having the choice means traders can have more control over their trading strategies. Trading Technologies International has announced the launch of its MultiBroker ASP solution. With MultiBroker, the client can now enter orders from a single X_TRADER® workstation or API and send them to any of its participating brokers through a direct market access (DMA) network.

From a single screen, traders can now seamlessly transition between brokers when routing orders directly to the world’s major futures exchanges through TTNET™, TT’s fully managed global Hosting solution. Brokers participating in the beta program include BofA Merrill Lynch, Credit Suisse, Deutsche Bank, HSBC, J.P. Morgan, Jefferies, Macquarie Bank Limited, Mizuho Securities USA, Morgan Stanley, RBC Capital Markets and UBS.

With MultiBroker, clients can now Leverage TT’s full product suite including X_TRADER and its revolutionary visual programming platform, ADL™, TT API and FIX API with the ability to define routing rules and pre-allocate orders to multiple brokers. In MultiBroker, separate pre-execution margin, credit and position limits are maintained by each broker while buy-side users have a single integrated view of positions and P/L across all brokers. The MultiBroker video may be viewed here: https://bit.ly/112Nu54

Harris Brumfield, CEO of TT, said, "We are very excited to launch TT’s MultiBroker solution. The response from both our buy-side and sell-side clients has been incredibly positive, and we look forward to working closely with them on deployment."

TT clients are able to trade dozens of global markets via TT’s high-performance exchange gateways and have access to futures, options on futures, fixed income, select OTC products and swaps spanning more than 14,000 different products.

tt tech

The one to many approach whereby traders can execute their trades on one platform with several counterpary'sts is a new phenomena which gives traders the advantage of choosing which broker to trade with for specific instruments. Cost of trading is one of the most important factors when deciding where to execute and having the choice means traders can have more control over their trading strategies. Trading Technologies International has announced the launch of its MultiBroker ASP solution. With MultiBroker, the client can now enter orders from a single X_TRADER® workstation or API and send them to any of its participating brokers through a direct market access (DMA) network.

From a single screen, traders can now seamlessly transition between brokers when routing orders directly to the world’s major futures exchanges through TTNET™, TT’s fully managed global Hosting solution. Brokers participating in the beta program include BofA Merrill Lynch, Credit Suisse, Deutsche Bank, HSBC, J.P. Morgan, Jefferies, Macquarie Bank Limited, Mizuho Securities USA, Morgan Stanley, RBC Capital Markets and UBS.

With MultiBroker, clients can now Leverage TT’s full product suite including X_TRADER and its revolutionary visual programming platform, ADL™, TT API and FIX API with the ability to define routing rules and pre-allocate orders to multiple brokers. In MultiBroker, separate pre-execution margin, credit and position limits are maintained by each broker while buy-side users have a single integrated view of positions and P/L across all brokers. The MultiBroker video may be viewed here: https://bit.ly/112Nu54

Harris Brumfield, CEO of TT, said, "We are very excited to launch TT’s MultiBroker solution. The response from both our buy-side and sell-side clients has been incredibly positive, and we look forward to working closely with them on deployment."

TT clients are able to trade dozens of global markets via TT’s high-performance exchange gateways and have access to futures, options on futures, fixed income, select OTC products and swaps spanning more than 14,000 different products.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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