All posts by Andrew Renalds, Product Manager

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.)

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This week on Twitter, we’re providing a high-level overview of some of the new automated trading functionality that’s coming in the new TT platform. Today’s topic is application programming interfaces, or APIs.

We’ll be devoting an entire week to APIs later in the month, but it’s an exciting topic that’s generating a lot of interest among our customers, so you’ll get a preview of the preview today.

As the product manager responsible for APIs, I’m very excited about what the new TT platform enables us to do with regard to APIs. We’ve written an entirely new set that will deliver unprecedented access and flexibility to our users. They provide normalized interfaces for interacting with all of the TT-connected exchanges, which will allow customers to focus on building strategies and trading tools instead of dealing with exchange-specific nuances.

Here’s a quick overview.

The TT Software Development Kit, or TTSDK, includes a high-performance Linux, C-based API. Early tests show that this is our fastest API yet.

Using TTSDK, developers will be able to create custom algorithms and run them on TT’s co-located execution servers for the best possible performance. TT’s execution servers utilize the latest software and hardware acceleration technologies, such as kernel bypass, to dramatically reduce latency. Custom algos running on these servers will be able to access data and services outside the co-location facility, providing even more flexibility.
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