Extending the TT® Ecosystem


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.

On Market Surveillance, Monitoring and Data Analysis: A Conversation with Apama

Apama is a streaming analytics service operated by Software AG and a Trading Technologies partner since 2007. Founded in the late 1990s at Cambridge University, Apama was built on complex event processing (CEP) technology, which enables the trading community to execute low-latency trading strategies from the analysis of multiple, disparate streaming data sources.

Today, Apama has built a global client base of over 100 firms, including banks, brokers, prop groups and exchanges across all asset classes. Apama's algorithmic trading, market surveillance and automated strategies, which are triggered by coded news announcements, leverage Trading Technologies’ connectivity and trading functionality.

Tony Foreman of Apama ​
Tony Foreman of Apama
I recently sat down with Apama’s Tony Foreman to hear more about the company’s data analysis and how Apama’s services are benefitting TT customers, particularly with regard to recent regulatory changes.


#PreviewTT: APIs

Last week on Twitter, #PreviewTT focused on the new APIs that we’re making available with the new TT platform. Tests show these are our fastest APIs to date, providing users with more flexibility and access than ever before. With normalized interfaces to all TT-connected exchanges, these APIs will allow customers to focus on building strategies and trading tools instead of dealing with exchange-specific nuances.

The APIs include:

  • The TT Software Development Kit (TTSDK), a high-performance Linux, C-based API for creating custom algorithms that run them on TT's co-located execution servers.
  • A series of Web services for building rich client applications using the same APIs that we use to create the TT front-end applications. 
  • FIX services that make connecting FIX applications to TT easier than ever. 


#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.)