Results for “ADL”

#PreviewTT: Automated Trading

The new TT platform takes automated trading to a new level. Of course if you follow @Trading_Tech on Twitter, you already know that because we’ve been previewing some of the standout functionality there at #PreviewTT.

In the new platform, we’ve re-imagined and re-engineered our market-leading Autospreader®, ADL® (Algo Design Lab), Autotrader™ and API tools to be everything you know—but with more flexibility and accessibility than ever before.

  • Autospreader: TT comes with pre-canned popular features, like inside smart quote, which you can easily tweak and enhance. You can also build your own features with the new Rule Builder.
  • ADL: TT supports all the popular ADL functionality from X_TRADER®, like the ability to drive Autospreader with ADL. But you get even more with TT, like the ability to drive one algo from another.
  • Autotrader: You can launch the market-making algo that’s the backbone of the Autotrader window in X_TRADER from the TT Algo Dashboard. You can also create links between the inputs and outputs of any algo.
  • New APIs: The new TT APIs result in the lowest latency and highest throughput ever available from any TT application programming interface. In fact the TT Software Development Kit (TT SDK), a C/Linux-based API, delivers the highest level of performance and speed available in any TT API to date. (For more, see #PreviewTT: Get a Taste of Our APIs.)


And The Grammy Goes to…

TT received multiple awards last week in New York, including
the HFM award for “Best Trading and Execution Technology.”

Well no, TT did not win anything at the Grammys. We did, however, take home both “Best Trading and Execution Technology” at the HFM U.S. Technology Awards and “Best Overall Technology” at the CTA U.S. Services Awards.

The CTA Intelligence Services Awards honor firms that have provided outstanding support and services to the North American managed futures industry, while the HFM U.S. Technology Awards recognize hedge fund technology providers that have demonstrated exceptional customer service and innovative product development.

“Given the strength of the contestants, it is quite an accomplishment for Trading Technologies to earn honors in both the HFM and CTA awards. With unique features like MultiBroker, order passing and ADL, TT’s X_TRADER platform gives traders a combination of flexibility and power that makes it a top technology offering for both CTAs and hedge fund managers,” said Matt Smith, head of content for CTA Intelligence. This sentiment was echoed by Chris Matthews, HFMWeek technology correspondent.

It’s great to know that hedge funds and CTAs find our X_TRADER® trading solution to be so compelling, but what’s coming with our next-generation TT platform is even more exciting.

Accessibility: The Trend That Is Your Friend

In the trading technology world lower latency will always be welcomed, but everyone’s attention is now on a different topic—accessibility.
Futures, January 2015

Futures magazine’s recent article “Technology’s New Obsession” delves into the ways trading technology providers are leveraging mobile and the web to make world-class trading tools even more accessible. But it cautions that accessibility cannot come at the expense of user experience or performance.

This premise resonates deeply with me and the team at Trading Technologies. So several of us were happy to talk with the author, Skylar Zhang, when she was writing her article.

Accessibility was one of the key drivers behind the 2012 launch of our popular visual algo design platform, ADL®. It makes the development of complex algorithms available to traders who don’t have the experience or time to write code themselves or the resources to hire a programmer. ADL’s DIY approach has contributed to the democratization of trading by empowering traders to design, test and deploy automated strategies without manually writing code—and in a fraction of the time it would take to code an algo from scratch.

The next-generation TT platform takes accessibility to new heights by delivering world-class professional trading tools not only as a software download, but also through a web browser or mobile app. Regardless of how users access the platform—be it through a multi-monitor workstation, a laptop or even a phone—they’ll experience a level of performance and usability that notably exceeds currently available technology.


Initial Balance Trading Levels

Figure 1: TT Analytics in ADL.

With the release of X_TRADER® 7.17.40, TT introduced a new feature in ADL® named TT Analytics. This feature uses a single block that brings a historical data solution to ADL along with a suite of technical indicators. It provides almost every value found in an X_STUDY® chart to your server-side algo. In this blog post, I will introduce the block while demonstrating how to find some important trading reference points.

The TT Analytics Block can be found under Misc. Blocks on the left side of the ADL Designer Window. You simply drag this block onto the canvas and double click it to expose the properties page. If you’re an X_STUDY user, the properties page will look familiar to you. Here you can add technical indicators and expose bar values such as open, high, low and close.

Figure 1 above shows the block with open, high, low, close and VWAP for the current daily bar of the December ES market. It also shows the Bollinger Bands technical indicator added to the block.

Next, you add an Instrument block to the TT Analytics Block from within the properties page and define the type of bar data you want returned. Once this is complete, you can go in either of two different directions: you can add a technical indicator to the block or expose more bar data.