Media Coverage

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Rick Lane is out at Trading Technologies as CEO and chairman, but still with the company in a non-titled supporting role for the time being, at a time when the company is rumored to be in the midst of a sale. Tim Geannopulos, the former global head of sales at Trading Technologies and a major TT shareholder, is in as the new CEO and chairman, returning to the company after a stint as a consultant and start-up investor and fintech executive. So why is this change occurring at a time when the company is reportedly for sale? There is not an easy answer, but my question in the title gives part of the answer, I think.

Mike Unetich always liked trading and investing classes in college and in fact started trading options from his dorm room. He saw newspaper ads for option floor clerks and through some friends who worked at Spear, Leeds & Kellogg in New York was referred to DRW in Chicago, where he was hired.

Chicago-based technology provider Trading Technologies (TT) has signed an agreement with Applied Derivatives which becomes the first broker to distribute its TT platform in South Africa. Applied Derivatives is providing international TT clients with access to the Johannesburg Stock Exchange (JSE) for the trading of all equity and currency derivatives, including futures and options. 

Trading Technologies International (TT) plans to extend its reach in South Africa after establishing connectivity to its platform there through a partnership with Applied Derivatives. The Cape Town-based broker, a member of the Johannesburg Stock Exchange (JSE), is the first to distribute the Chicago tech firm’s platform from South Africa.