Markets Served

If you’ve been following TT recently, you know 2014 is already shaping up to be a year of significant change. In the past two months alone, we’ve:

1. Welcomed a new CEO, Rick Lane
2. Launched a new brand identity
3. Revealed the next-gen TT platform, a streamlined, go-anywhere trading ecosystem that should be in full production by year’s end

This week we reached another significant milestone, the unveiling of our newly renovated Chicago headquarters.

One of the primary objectives of this renovation was to create a space where our team could engage, collaborate and freely exchange ideas—an environment where our talent feels empowered and willing to take risks. We know that inspiring our people to be at their best is the most surefire way for TT to deliver compelling solutions for our customers.

A great deal of thought and effort went into planning this exceptional facility. In fact, I think it’s more impressive than many of the spaces developed by other tech companies in Chicago.

What’s equally impressive is that we kept out-of-pocket costs to a minimum by doing the renovation in conjunction with our recent lease renewal. As a TT shareholder, this is my favorite part!

Pictures from the internal event celebrating the unveiling of our newly renovated space.

The dramatic two-story, multi-purpose space serves as kitchen, lounge, game room, meeting space and…wait for it…bar, with a constantly changing selection of six craft beers plus two wines on tap.

The bar is particularly noteworthy. It’s constructed entirely of reclaimed materials, including wood from a grain elevator built in 1887. At the time it was completed in Duluth, MN, it was the largest grain elevator in the world. It stood intact until about ten years ago, when crews began to deconstruct and salvage the wood. I think it’s pretty special that purely by chance, we stumbled across materials that are historically significant to our industry and ended up incorporating them in the structure of our bar, which is where I’m sure many new ideas for our industry will be born and nurtured.

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Tags: Trade Execution

As part of writing this blog describing TT’s new order passing functionality, I went to the Internet, curious to see how the trusty Merriam-Webster dictionary defines the word “pass.”

Not surprisingly, most of the definitions are unrelated to passing an order, and you have to go all the way down to the seventh entry to find a definition that even closely aligns with the trading world:

“Pass: (7)  to go from the control, ownership, or possession of one person or group to that of another <the throne passed to the king’s son>…”

While passing an order to another user or execution desk does involve the concepts of ownership and control, for complete accuracy I have to admit (with tongue in cheek) that order passing is just slightly different from the succession process in a monarchy.
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Tags: Trade Execution