Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that the company’s acquisition by 7RIDGE, a specialized growth equity firm invested in transformative technologies, is now complete.
Trading Technologies International (TT), the Chicago-based fintech, has said it will build on this week’s Taiwan connectivity deal by adding brokers and countries as regional demand grows. The firm’s regional executive sales director in Asia, Mark Pottle, said market dynamics have driven interest in equity index connectivity across the region.
Trading Technologies (TT) has contracted with Taipei-based broker Yuanta Futures Taiwan to connect its platform to the Taiwan Futures Exchange (TAIFEX). Yuanta Futures Taiwan, through the use of the TT platform, will be provided with a combined carry broker and multi-broker solution for all international clients to access TAIFEX through TT’s global infrastructure.
Trading Technologies International (TT), the Chicago-based trading technology and infrastructure provider, has added connectivity to Taiwan Futures Exchange (TAIFEX) on its network. The inclusion comes through a deal with futures broker Yuanta Futures Taiwan to increase international access to the exchange.
Once the target for acquisition, Trading Technologies is now on the lookout for companies it will look to acquire to expand its asset class coverage. Anthony explores what that might mean for the industry.