BrokerTec
Cboe Futures Exchange (CFE)
Cboe U.S. Equity Options
Chicago Board of Trade (CBOT)
COMEX
Fenics
ICE Futures U.S.
Minneapolis Grain Exchange (MGEX)
Montréal Exchange (MX)
New York Mercantile Exchange (NYMEX)
Nodal Exchange
1In development.
2Access provided via FIX bridge through CN First International Futures Limited.
3Access provided via FIX bridge through local brokers, including Samsung Futures.
We are continually impressed by the breadth of interesting people we encounter in the fintech arena. Whether they are traders, technologists, media or even marketers (yes, believe it or not), there are so many great stories behind the scenes from the people that make this industry exciting. So, welcome to “Five Questions with…,” a new Trade Talk series in which we interview notable market participants and technology thought leaders about a few common—and a few unique—industry-related subjects. Our first chat is with Danny Riley of MrTopStep, a multi-channel outlet dedicated to financial news and education. Danny is passionate about the industry and he educates while he entertains on his Periscope channel. Read on to learn how Danny came to found MrTopStep, what he looks for in a trading execution platform and more. And, hope you enjoy the series.
How did you get involved in trading, and what path took you to where you are now?
Danny: Less than a year after high school, I received an offer to work as a runner for Agra Trading in the grain room of the Chicago Board of Trade. As soon as I walked on the floor, I knew I wanted to be in the industry. After working in the grain pit, I moved to the bond floor, and from there, I ended up at the CME, where I built the largest-volume S&P futures desk on the floor. As the demand for open outcry decreased, I moved my desk from futures to S&P options, where I filled orders electronically.
Before leaving the floor in December of 2014, I founded a company called MrTopStep.com to help educate both professional and retail traders about many of the rules and methods I learned while on the floor. Since my move from the floor, I have had to work out the challenges of transitioning from the energy and feel of the floor to trading on the screens. I have found that volume imbalance and footprint charts have helped me recreate some of the market feel and trading rules I used on the trading floor. Continue Reading →
TT was once again down in Florida to gain key insights from some of the industry’s leading minds at the 41st Annual FIA Conference in Boca Raton. We had the opportunity to meet with the media, partners and customers to talk about how we’ve changed in the past year. Here’s a recap of the eventful week:
Things kicked off with a new initiative on Tuesday, March 15: the inaugural TT/FIA tennis tournament, benefiting Futures For Kids. We were pleased to have a strong turnout, and it was a fun and fit way to meet new people and catch up with longtime industry friends.
Great time playing tennis at #FIABoca @FuturesForKids Thanks @Trading_Tech for putting this together for great cause https://t.co/eGBu3qxn5I
— Anthony Crudele (@AnthonyCrudele) March 15, 2016
The heart of the Boca program began on Wednesday with panels on topics impacting the industry. The Exchange Leaders panel was a big draw, featuring the CEOs of Deutsche Borse, CME Group, ICE, SGX and Hong Kong Exchanges & Clearing. The key takeaway was that these exchange groups — each one of them — are looking to technology to drive innovation and their organizations’ futures.
@ICE_Markets on product dev: Stay close to customers. They say, here’s what I’m trying to solve & then you don’t need an R&D dept. #FIABoca
— Trading Technologies (@Trading_Tech) March 16, 2016
In the last two months, we have accomplished a significant milestone in the development of the TT platform. We’ve rolled out access to 16 new markets, bringing TT very close to market parity with X_TRADER®.
Adding new markets to a trading platform is not necessarily newsworthy. It’s what a software provider like us does multiple times a year, year after year. However, this mass rollout over the last two months has been unique in the way that 10 of those markets were integrated into TT.
Continue Reading →