Carnegie Mellon University Joins Trading Technologies’ University Program

 

CHICAGO, April 29, 2014 — Trading Technologies International, Inc. (TT) today announced that Carnegie Mellon University’s Department of Mathematical Sciences has joined TT’s University Program. The software will be used by students working towards Carnegie Mellon’s Bachelor of Science in Computational Finance, a joint degree offered by the Department of Mathematical Sciences and the Tepper School of Business.

According to Steven Shreve, professor of mathematics and director of the B.S. program in computational finance, “Our faculty are delighted to have Trading Technologies software available to incorporate into our curriculum. Students are even more excited about the possibilities for developing and testing trading algorithms on this platform.”

TT donated the software through its University Program, which provides colleges around the world with X_TRADER and other TT software for academic purposes at no cost. CMU joins the program, which currently includes more than 50 universities in 10 countries throughout North America, Europe, the Middle East and Asia.

“We are thrilled to welcome Carnegie Mellon into our University Program,” said Leo Murphy, University Program Manager. “Given the current economic climate and the challenges our industry faces, it’s important that we partner with respected schools like Carnegie Mellon to prepare and encourage the next generation of finance industry professionals. We look forward to building a strong relationship with Carnegie Mellon.”

Through its University Program, TT works with undergraduate and graduate educators in business, financial engineering, math and computer science programs to prepare students for careers in finance and the futures markets. Universities incorporate X_TRADER and its components in coursework and on-campus trading labs, allowing students to learn about and experience trading in a simulated environment using the same tools and market data as the industry’s leading professionals. TT staff also guest lecture at partner schools and occasionally host classes at TT’s offices.

For more information, please complete TT’s online University Program inquiry form.

Additional resources:

About the TT University Program
University Program Member Schools
University Program on TT’s Trade Talk Blog

 

About Trading Technologies
Trading Technologies (www.tradingtechnologies.com, @Trading_Tech), develops and delivers professional trading software for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers. TT provides access to over 40 of the major international exchanges and liquidity platforms. Its recently unveiled web-based trading platform will give users a mobile, reliable, fast solution that represents what’s next in the world of trading and technology.

 

About Carnegie Mellon’s Bachelor of Science in Computational Finance
The Bachelor of Science in Computational Finance (BSCF) degree is uniquely designed to meet the quantitative needs of the finance industry. This course of study develops a deep knowledge of mathematics, probability, statistics, and applications of these disciplines to finance. This degree is offered jointly by the Heinz School of Public Policy and Management, the Mellon College of Science and the Tepper School of Business. The course of study includes a solid background in mathematics and statistics, as well as a detailed study of financial mathematics. For more on Carnegie Mellon’s BSCF program, click here.

 

 

Media Contact

Drew Mauck, 3Points Communications
M: (773) 203-5456
drew@3ptscomm.com

 

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Trading Technologies to Offer High-performance Link to HKEx’s Futures Exchange

News Release

CHICAGO and HONG KONG, April 1, 2014 – Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced that it will introduce connectivity to the Hong Kong Futures Exchange Limited (HKFE) in the second quarter of 2014. One of the largest derivatives exchanges in Asia by volume and a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), HKFE is home to futures and options on the benchmark Hang Seng and Hang Seng China Enterprises, or H-shares, indexes, a wide range of stock options and Renminbi Currency Futures.

“We welcome TT’s plan to introduce connectivity to HKFE, which will give its large pool of clients easy access to a high-performance connection for trading Asian derivatives listed on HKFE from anywhere in the world,” said Calvin Tai, HKEx’s Co-head of Equities & Fixed Income & Currency.

Rick Lane, CEO of Trading Technologies, said, “The Asian derivatives markets, and in particular China, had a strong 2013. HKEx is increasingly positioning itself to be the gateway to China for foreign investors, so connectivity to HKFE certainly has broad appeal to our global customer base.”

Robbie McDonnell, VP Managing Director of Asia Pacific for TT, commented, “The addition of HKFE further strengthens our Asian derivatives offering and gives us a foothold as we continue to expand our presence in Asia, especially within China. Eight of the top 15 derivatives exchanges in the world are based in the Asia-Pacific region, and we will continue to make it an important priority as we expand our global market connectivity. The response from our customers has been overwhelmingly positive. In fact, many are already asking us how they can gain access to the new connection.”

TT customers will be able to enter and manage trades on HKFE using TT’s full suite of products, including X_TRADER®, the ADL® visual programming platform for automated trading, and the TT API and FIX Adapter API solutions. In addition, customers using TT’s Autospreader® tool will be able to execute through TT’s Strategy Engine (SE) execution servers, which minimize execution latency via proximity-based computing and co-location. The SE line includes highly scalable, high-performance products for algorithmic, synthetic and spread trading.

With the HKFE connection, TT will expand its market connectivity offering to provide access to 43 markets. Firms will be able to access HKFE through internally hosted gateways or through TT’s TTNET™ global hosting solution. HKFE access also will be supported by TT’s MultiBroker offering, which was named “Best New Product, Connectivity” at the 2013 FOW Asia Awards, “Best New Technology Product-Trading and Execution” at the 2013 FOW International Awards and “Best Trading and Execution Technology” at the 2014 CTA Intelligence Services Awards.

TT recently announced plans to introduce a cloud-based trading platform for professional futures traders. The platform, simply called TT, is a trading ecosystem that enables a streamlined, go-anywhere experience, while also offering significantly faster performance and power where it matters. TT expects to provide connectivity to HKFE through the new platform, which is expected to launch later this year.

About Trading Technologies
Trading Technologies (www.tradingtechnologies.com, @Trading_Tech) develops and delivers professional trading software for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers. TT provides access to over 40 of the major international exchanges and liquidity platforms. Its recently unveiled web-based trading platform will give users a mobile, reliable, fast solution that represents what’s next in the world of trading and technology.

TT Contact

Drew Mauck
3Points Communications
M: (773) 203-5456
Drew@3ptscomm.com

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