Markets Served

Last week, we hosted one of the MarketsWiki Education World of Opportunity Chicago events at Trading Technologies. Our own CFO/CCO Michael Kraines spoke to the crowd about the prospects of a vibrant career in Chicago fintech. This event marks a summer highlight for TT interns as well as interns and young professionals associated with other companies in the Chicago capital markets industry.  

For more than 10 years, we have committed to promote education and career-pathing into the trading industry through our TT CampusConnect™ program. The recent editorial from Jim Kharouf, CEO and editor-in-chief at John Lothian News, on how to educate the next generation of industry professionals really resonated with me. He wrote that there still remains a major gap in the overall financial education of young students globally, and this presents an important challenge for the lifeblood of the financial services industry. We applaud the efforts of MarketsWiki Education, Divento Academy and Magnetar Academy, but agree more needs to be done by others in our communities, schools, universities and companies, as well as at the collective industry level.

To learn more about some of the positive steps forward and the continued challenges, read on for the text of Jim’s full editorial.

Continue Reading →

As the planet’s rotation de-accelerates on its axis due to tidal forces between it and the moon, equating to the longevity of a day lengthening by 1.4 milliseconds every hundred years, both our appetites and dependencies to accelerate efficiencies via algorithms will inevitably draw greater scrutiny.

This is the second in a series of blog posts on MiFID II (Markets in Financial Instruments Directive II). If you missed the first post, see MiFID II: How Did We Get Here and What Does it Mean? Continuing to review MiFID II, algorithms form the bedrock of modern electronic trading and, unsurprisingly, are of significance in the regulation. This post introduces an overview of the focus of the regulation and its concepts specific to algorithmic trading.

Trading Technologies provides a sophisticated and industry-tested product suite of automated order types and tools including TT’s Autospreader®, ADL®, APIs and synthetic order types, such as OCOs and Icebergs. These order types are in scope under MiFID II. Having reviewed the regulation, it is clear that the bar has been deliberately set at a level to capture a greater swath of automated order types in order to prevent systemic risk and address G20 concerns. Read on for an overview. Continue Reading →