TT^® Connect Blog

It’s a busy time for TT in India. Next week, we’re sponsoring the Arjun Global GIFT City Financial Markets & Technology Forum, and then we’ll be in Mumbai at FOW Trading India. This comes as we work on opening our new office in the vibrant GIFT City fintech hub, where we will drive product innovation and development for our clients worldwide—while also providing local, personalized support to our rapidly growing customer base here in GIFT City. 

For years, spoofing has dominated headlines as the quintessential market manipulation tactic. But recent, high-profile regulatory actions from two major global watchdogs, the Australian Securities and Investments Commission (ASIC) and the Securities and Exchange Board of India (SEBI), signal a powerful shift. The focus is expanding, and an old form of manipulation is making a dramatic comeback: marking the close.

Data and analytics is an important part of the TT strategy–TT acquired Abel Noser Solutions, the leader in multi-asset transaction cost analysis (TCA) solutions, in 2023. As other TCA providers exit the space, we are doubling down and increasing innovation while expanding our technology platform. 

The recent Fixed Income Leaders Summit (FILS) in Washington highlighted several transformative trends shaping the financial industry: artificial intelligence (AI), automation, and the expansion of trade electronification into less liquid securities. As TT builds out our new fixed income trading platform, we are aligning closely with these trends. In this blog post, I’ll take a look at them in more detail, then address how these trends are shaping our strategy. 

Adam Passaglia started his career as a runner on the floor of the Chicago Mercantile Exchange in 2000. He went on to found ARB Trading Group, a proprietary trading firm that today operates seven offices across the globe. A long-time friend and client of TT, Adam recently talked to me about the evolution of ARB Trading Group, how the market has changed, the increasing importance of artificial intelligence and how TT’s data warehouse will drive future business growth.