The evolution of mobile phone technology has been remarkable over the past several years as business and personal applications expand—and in some cases transition—to mobile platforms.

Five years ago, we saw laptops begin to replace desktops as the device of choice for many business and personal applications. Now, laptops are being nudged aside by phones, including increasingly popular “phablets” like Samsung’s Note and Apple’s iPhone 6 Plus, which feature larger, more vibrant screens along with more functionality and greater options. Personally, I find myself managing tasks on my iPhone 6 Plus nearly as much as I do on my MacBook Air.

Clearly, phones today are for more than just making calls. Now, your phone is your take-everywhere friend, confidant and constant source for information of all types.

And now with TT Mobile, the mobile app for the new TT platform, your phone is also your source for market data and your platform for trading.

The fact that we’ve been able to replicate the desktop experience of TT in a form factor for the phone that is robust enough to appeal to the professional trader is a big achievement. TT Mobile comes complete with MD Trader®, access to the full audit trail and order book, charting, spread trading and more, allowing you to take the markets with you virtually anywhere you go. Continue Reading →

Autospreader was the focus of our ongoing #PreviewTT series last week on Twitter.

If you followed along, you already know that the TT version of Autospreader will provide a familiar experience to existing users along with significant functionality and performance enhancement that make Autospreader even faster, more powerful and easier to use.

For example, now you can:

  • Use the new Rule Builder to differentiate your spreading strategies. You can easily create custom pre-quote, pre-hedge and post-hedge logic from scratch, or simply tweak the pre-built Autospreader features by editing them in Rule Builder.
  • Launch spreads in the compact, tabbed MD Trader® to conserve screen space.
  • See prices that reflect the true instrument value rather than the raw exchange value.
  • Experience faster-than-ever performance thanks to our newly built collocated infrastructure, which features the most advanced technology. You can even view hedge latency in real time and see how your server-based strategies are performing. By the way, we think you’ll like what you see.

And with TT, all of your workspaces and spread configurations go where you go. You can create a spread using a laptop, deploy it from your office workstation and manage it from your phone. The experience is consistent no matter where you are and what device you use.

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Last week on Twitter, we showcased our new TT Mobile application. This high-performance, on-the-go trading app will allow users of the next-generation TT platform to view and trade the markets from any Android or iOS phone.

The response has been tremendous, but I don’t think any of us at TT are surprised.

Unlike most mobile trading apps, TT Mobile was built from the ground up for the professional trader. It extends the robust functionality of the TT desktop application to a mobile device in a form factor uniquely designed for the phone. Everything—including MD Trader®, charting and the “forever” Audit Trail—is optimized to provide both ease of use and security. You can monitor markets, check positions, enter or modify orders, trade out or practice trading in simulation from pretty much any location.

And TT Mobile sits on the same network infrastructure as the desktop application, which means all orders route through the same high-performance co-location facilities to deliver low-latency execution.

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We’ve brought many innovations to market since the first version of X_TRADER® debuted 21 years ago, but perhaps none of them is as well-known as the MD Trader® ladder. With features like single-click order entry and cancellation, support for synthetic orders, and a range of tools to view depth of market, implied prices and volume, volume at price and more, MD Trader is widely acknowledged as the industry-standard ladder for professional futures traders.

So it’s a given that the new TT platform incorporates MD Trader. But along with all the popular functionality that our customers already appreciate, the TT version of MD Trader delivers even more flexibility and power.

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Ben Van Vliet
Dr. Ben Van Vliet

Through the TT University Program, TT partners with universities around the world to help them prepare students for careers in the global derivatives industry. We provide our software, free of charge, to dozens of schools around the world, including the Illinois Institute of Technology (IIT).

IIT’s Dr. Ben Van Vliet has been using TT’s software as an educator for many years. In this guest post, Dr. Van Vliet looks at the impact automation has had on the markets over time and what it means to the next generation of finance professionals.

All of finance is automated. It’s virtually impossible to do anything in finance without turning on a computer and using some form of automation—Excel, databases, charting packages, APIs, execution platforms. The most obvious example of this is automated trading, where the entire life cycle of a trade, from exchange data feed to trading strategy to order management, happens inside the computer. Trading automation is a complex endeavor. It involves programming, mathematics, and strategic thinking about markets and technology. It’s a lot to learn, but this is what markets are about today.

An automated trading system consists of the rules for entry into and exit from a position or positions and the technology, both hardware and software, used to make them happen. These rules are a set of logical or mathematical operations that can be based upon qualitative, technical or quantitative research. If students want to actually build automated trading systems that execute trades on electronic exchanges (and they should), they need to learn how to create these rules and work with both real-time and historical data in code.

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