Trading Technologies International, Inc. (TT), a leading provider of order-entry software and solutions for professional derivatives traders, and Macquarie Bank Limited’s Futures Division (Macquarie), a global provider of futures execution, clearing and financing solutions, today announced that Macquarie has selected TT’s low-latency, fully managed hosting solution. TTNET will provide access to the global derivatives markets for institutional clients and internal execution desks. Macquarie will leverage TT’s full suite of order-entry software and server-based algorithmic execution tools, including the ADL™ (Algo Design Lab) visual programming platform for algorithmic strategy creation, through TTNET’s proximity hosted architecture.
TTNET accelerates customer access to geographically diverse international futures markets and increases trading platform stability through its high-performance, resilient data centers. TTNET’s architecture enables firms to minimize latency by hosting TT’s high-speed exchange gateways and server-based execution tools. TTNET operates data centers in Chicago, New Jersey, São Paulo, London, Frankfurt, Tokyo, Singapore and Sydney.
Harris Brumfield, CEO of Trading Technologies, said, “We are very pleased to be expanding our relationship with Macquarie on a global level. We believe our high-performance hosting and software solutions will be instrumental in helping Macquarie aggressively pursue new growth opportunities in the U.S., Europe and Asia as well as in their native Australia.”
Macquarie Global Head of Futures Bill Marynissen said the appointment of TT was prompted by growth in Macquarie’s worldwide 24-hour futures business. “The technology will be initially rolled out in the U.S., and is expected to be followed by implementation in London, Asia and Australia,” he said.