CHICAGO, November 11, 2008 — Trading Technologies International, Inc. (TT) today announced that its X_TRADER derivatives trading platform was named Best Commodities Trading Platform by Buy-Side Technology magazine. TT also won this competitive award in 2007. TT was selected as the winner based on the opinions of the magazine’s editorial team and independent consultants from Accenture, The Aite Group, Deloitte Consulting, Investit and Morse.
"Trading Technologies' X_TRADER is a worthy recipient of this year’s best buy-side commodities trading platform due to its functionality designed specifically to address the idiosyncrasies of the global commodities markets. Ongoing product development and upgrades are some of the criteria our panelists were on the look-out for, and like last year, Trading Technologies fit the bill," said Victor Anderson, Editor of Buy-Side Technology.
"We work hard to address the demands of our customers, including of course the buy-side community, so it is very gratifying to be singled out as best-in-class by Buy-Side Technology. We will continue to innovate so that our clients can always count on TT to help them gain an edge," said Harris Brumfield, CEO of TT.
TT’s X_TRADER is one of the most-used systems for commodities and derivatives trading worldwide. With connectivity to 23 markets in North America, South America, Europe, the Middle East and the Asia/Pacific region, TT provides access to hundreds of commodity and energy products through its trading platform. These include agricultural commodities, commodity indices, metals and plastics as well as electricity, natural gas, crude oil and refined products.
X_TRADER incorporates many innovative tools and features that are critical to buy-side firms and other demanding professional traders. These include solutions for screen-based trading, spreading, black box and program trading, synthetic order routing, signal based trading and many other applications.
The X_TRADER platform can be hosted on-site by the client or via TTNET™, TT's fully-managed hosting solution. TTNET delivers maximum system stability and fast trade execution via hubs located close to the major exchanges.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world's premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's X_TRADER® software and related services provide direct access to the major international derivatives exchanges. X_TRADER 7.4 was named "Innovation of the Year" by FOW magazine in 2007 and "Best Buy-Side Commodities Trading Platform" by Buy-Side Technology magazine in 2007 and 2008. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a global presence with offices in New York, Stamford, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. Chicago magazine named TT the best technology company to work for and ranked TT third among all Chicago area employers. TT also received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) in 2006 as the leading technology company in Illinois and was named Technology Company of the Year by FOW magazine in 2008.
|
Ray Carmichael
Vivid Ascent
312.346.2002
ray@vividascent.com
|
