CHICAGO and TOKYO, December 15, 2014 – Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, today announced Rakuten Securities, Inc. (Rakuten) is now a participating broker in TT’s global MultiBroker service. Customers may select and route orders to Rakuten through TT’s high-performance global trading network, which provides direct market access (DMA) to 40 markets across five continents.
Tatsuya Yamada, general manager, professional trading department at Rakuten, commented, “We are delighted to expand our service and relationship with Trading Technologies through TT’s MultiBroker. We value this solution as a new trading channel that will introduce Rakuten’s diversified business to professional traders globally.”
“We are very happy to welcome Rakuten into the TT MultiBroker community,” said Robbie McDonnell, EVP global sales for TT. “Adding Rakuten, with their expertise in local Japanese markets such as TOCOM and JPX, to our trading ecosystem greatly furthers our objective of bringing simple, efficient and open global market access to the widest possible network of buy-side users.”
With the joining of Rakuten, TT’s MultiBroker network now comprises more than 30 sell-side participants, including seven of the top 10 brokers by customer segregated funds.
TT’s MultiBroker solution, launched in July 2013, has seen considerable traction in Asia over the past year, extending from Singapore’s commodity and energy trading space into and beyond the Japanese derivatives trading community. MultiBroker provides DMA via multiple brokers from a single connection to TT’s TTNET™ global hosting solution, helping buy-side firms effectively manage and mitigate risk while retaining privacy with respect to strategies and open positions.
Trading Technologies recently unveiled its next-generation trading platform, simply called TT, which, delivered via the Software-as-a-Service (SaaS) model, will offer multi-broker functionality as a core component. TT is currently onboarding early-stage users, and access will continue to expand into 2015.
About Trading Technologies
Trading Technologies (https://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 40 major international exchanges and liquidity platforms. Its recently unveiled next-generation trading platform uses the software-as-a-service (SaaS) delivery model to give users a fast, reliable, mobile solution that represents what’s next in the world of trading and technology.
About Rakuten Securities
Rakuten Securities, Inc. (http://global.rakuten-sec.co.jp/) is part of Rakuten Group. Since 1999, Rakuten has provided comprehensive financial brokerage services covering a wide range of products, including domestic and international cash equities, derivatives, commodities, bonds, investment trusts, exchange traded funds (ETF) and foreign exchange (FX).