Trading Technologies Extends Connectivity to Johannesburg Bourse

Chicago-based Trading Technologies International, Inc. (TT) is now offering connectivity to the Johannesburg Stock Exchange (JSE), the largest stock exchange in Africa, via its TT® platform.

Designed specifically for professional traders, TT now allows global user base to trade all derivative products listed on South Africa’s main bourse. The platform incorporates a wide range of customizable tools to accommodate trading strategies across equity and currency derivatives. TT’s full suite of tools also includes functionality for charting and analytics, mobile trading, options, FIX services, and API development.

The JSE was founded in 1887 to facilitate the explosion of trade sparked by the discovery of gold. The exchange lists more than 500 stocks, with mining companies making up one-third of those stocks.

“Our decision to connect to the Johannesburg Stock Exchange Derivatives Markets was driven by some of our largest institutional clients, including several tier-one global banks that are already using our FIX-as-a-Service offering for expanded market access via FIX protocol,“ said Steve Stewart, Trading Technologies’ director of EMEA sales.

“Though direct interest in the JSE is strongest amongst our sell-side clients, we expect to see takeup across all of our customer segments, including buy-side and proprietary trading firms,” he added.

More about TT offering

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 major international exchanges and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term platforms.

The platform already serves a wide variety of users, including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers, and risk managers.

Earlier this year, the two-decade-old fintech firm ventured into the cryptocurrency space through a 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 Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, CoinfloorEX, to improve cryptocurrency trading functionality and market access through implementing its TT Score machine learning technology.