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5 Questions with Michael Melissinos

After graduating from Seton Hall University with a degree in accounting, Michael Melissinos began his research into systematic trend-following while working as a junior analyst at Bear Stearns and J.P. Morgan. Both the Bear Stearns collapse and the subsequent financial crisis motivated him to challenge the traditional investing approach and try to develop something better. In 2011, four partners contributed a total of $300,000 to help Michael launch his fund management career. Today, he manages money for more than 30 individuals and institutions. You can follow him on Twitter at @mmelissinos.

– Brian Mehta, CMO


Report from FIA Boca 2017: Clear Skies and Sunshine

Another FIA Boca conference (#FIABoca) is in the books. Despite a snowstorm that hit the midwest and east coast, creating travel challenges for many, about 1,100 attendees from a record 25 countries eventually made it to the historic “pink resort” to gain insight from industry thought leaders, network with connections old and new, and soak in the Boca Raton scene and sun.

Boca 2017 was sentimental for all of us at Trading Technologies because it marked the two-year anniversary of the TT® platform’s launch. Our CEO Rick Lane shared how watching the TT platform grow over the past two years was in many ways like raising his twin two-year-old toddlers: “In many ways, the milestones they’ve achieved in their second year of life mirror the same of the technology platform in which TT has invested so much.” Read his full story in “TT at Two.”

TT® at Two

It’s been just over two years since we officially launched the TT platform here at the annual FIA Conference in Boca Raton. It’s been even longer—approaching five years—since taking our very first steps toward what many outside of TT thought was a crazy idea: that Software-as-a-Service could redefine our industry the way it had so many others.

So when I was asked to give a few brief thoughts on the second year of life of the TT platform and what it’s meant for our company and, more importantly, our clients, I could only think of one analogy that best describes it. That’s right: my two-year-old twin toddlers.


Next-Generation Market Access

In my last post, I described the FIX solution provided by TT as “FIX-as-a-service” (FaaS). Indeed, one of the differentiators of TT is that it is a suite of professional trading services delivered using the software-as-a-service (SaaS) model: services that are available from anywhere, on demand, without the need for any pre-allocation of infrastructure or deployment of software.

This is what makes our FIX offering compelling (along with the performance improvements we’ve made along the way), but FaaS is a launching point for two other services that separate TT from the typical “off-the-shelf” trading system: market access and compliance/data-retention.