Media Coverage

John Lothian News caught up with Trading Technologies CEO Keith Todd at the recent FIA EXPO 2022 in Chicago about recent announcements from TT and updates on its progress under its new owners. He spoke about the recent KRM22 announcement and how it will help clients manage risk on a holistic basis, including managing margins, liquidity challenges and a calibration of a risk score. TT also had an announcement with ATEO during the EXPO about an OMS that brings an allocation algorithm and a fully integrated, comprehensive post-trade allocation service, to the TT trading platform, Todd said.

Sam Bankman-Fried and his FTX crypto exchange have overshadowed both of the Futures Industry Association’s major US gatherings this year. In March, “SBF” stole the show at Boca Raton in sunny Florida as he chatted with baseball stars and promised to revolutionise not only cryptocurrencies but the entire plumbing that underpins global financial markets. As the first snow of winter arrived at the FIA Expo in Chicago this month, FTX’s name was being hastily covered up on sponsor hoardings that had been printed before the group collapsed into bankruptcy.

Trading Technologies (TT), a provider of professional software for traders, announced on Wednesday that it is extending its market coverage by adding four popular exchanges from the Asia-Pacific (APAC) region. According to the press release, the TT Premium Order Types, the company’s new algorithmic execution strategies tool integrated with the TT platform, guarantees access to instruments available on Singapore Exchange (SGX Group). Products from Japan Exchange Group (JPX), Hong Kong Exchanges and Clearing Limited (HKEX) and Australian Securities Exchange (ASX) will be available before the end of the year.

Even as some of Wall Street’s old guard has an “I-told-you-so” moment after the collapse of Sam Bankman-Fried’s FTX, futures exchanges aren’t giving up on crypto. CME Group Inc. Chief Executive Officer Terry Duffy, who has been one of Bankman-Fried’s fiercest critics, said he won’t stop crypto-futures trading just because of “one bad actor.” Cboe Global Markets, another Chicago exchange, and software provider Trading Technologies also recommitted to digital assets in the wake of the FTX meltdown.

Trading Technologies, the trading software, infrastructure and data solutions vendor, through its partnership with KRM22, the risk management software company, is making the KRM22 Risk Manager available to customers on the TT platform. Incorporating KRM22’s real-time post-trade risk service will significantly enhance TT’s risk toolset, according to a recent company announcement.