This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Trading Technologies To Establish Connection To NASDAQ OMX ESpeed

CHICAGO and NEW YORK, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, and NASDAQ OMX (Nasdaq:NDAQ) today announced that TT will introduce connectivity to NASDAQ OMX eSpeed in the first quarter of 2014. The eSpeed platform operates a fully executable central limit order book for electronic trading in benchmark U.S. Treasuries, one of the world's largest and most liquid fixed-income cash markets.

The TT connection to eSpeed will provide the trading community with a consolidated point of access for the vast majority of fixed income markets, improving price discovery and providing deeper liquidity. The new link to eSpeed will give all TT customers across the globe ease of use to tap eSpeed's liquidity pool and trade complex strategies across a range of U.S. Treasury Securities and U.S. Treasury Futures products.

"We are very excited to announce our plans to connect to eSpeed. This greatly amplifies our fixed income offering and we look forward to working closely with eSpeed to grow our mutual customer base," said Mike Burns, EVP of Business Development with TT.

TT customers will be able to enter and manage trades on eSpeed using TT's full suite of products, including the recently released X_TRADER® 7.17, 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 Treasury basis trades 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 eSpeed connection, TT will provide access to all major U.S. Treasury and Treasury futures markets. Along with TT's recently announced plans to provide access to the NASDAQ OMX Nordic market and NASDAQ OMX NLX, this brings the total number of markets available through TT to 39.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs