Sell-side participation in MultiBroker is being driven by buy-side demand for TT’s service, which launched to production in
“We’re very pleased by the rapid rate at which both the sell-side and buy-side have embraced our MultiBroker service,” said
TT’s MultiBroker solution allows users to enter and route orders through TT’s global direct market access (DMA) network to any number of participating brokers from a single X_TRADER® or API connection. The MultiBroker service helps sell-side firms differentiate themselves by way of rates/margins, research, asset classes, regional expertise, trading support and capital introduction, which in turn better meets the varying needs of the buy side.
Other key MultiBroker benefits include:
MultiBroker was named “Best New Technology Product, Trading and Execution” at the 2013
TT expects to further deepen buy-side and sell-side firm participation with the launch of its next-generation trading platform, Nextrader, which will offer multi-broker order routing to every user through a fully hosted high-performance global trading network. Nextrader is being readied for beta testing and is expected to launch in late 2014/early 2015. Professional traders who are interested in participating in the Nextrader beta testing program can submit an online application for consideration.
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 nearly 45 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.