Media Coverage

TT is making headlines. Scroll down to access recent news coverage.

Tim Geannopulos was given the job of CEO of Trading Technologies by TT’s majority owner, Harris Brumfield, with one big mandate: find a buyer through a big, robust, competitive and active auction process that discovers the right party to buy the firm and is aligned with the interests of the shareholders, employees and customers. Geannopulos accomplished that goal when the deal for the private equity firm 7RIDGE was announced Sunday as the buyer of TT with the support of SGX and Cboe Global Markets as investors in the fund managed by 7RIDGE.

Derivatives connectivity and trading platform operator Trading Technologies International (TT) is to be acquired by 7RIDGE, a London-based private equity firm run by ex-Deutsche Boerse CEO Carsten Kengeter. The deal, for an undisclosed sum, is backed by two of the world’s largest derivatives exchanges, Singapore Exchange (SGX) and Cboe Global Markets.