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LONDON and CHICAGO, June 10, 2014 – Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, announced it has expanded its global MultiBroker ASP service to include more than 25 sell-side firms.

Sell-side participation in MultiBroker is being driven by buy-side demand for TT’s service, which launched to production in July 2013. In the first five months of 2014 alone, monthly volume has nearly doubled.

“We’re very pleased by the rapid rate at which both the sell-side and buy-side have embraced our MultiBroker service,” said Rick Lane, CEO of Trading Technologies. “Clearly our customers see value in MultiBroker, which is unique in that it never routes orders to third-party networks. It helps buy-side firms effectively manage risk and achieve best execution while providing sell-side firms with an opportunity to grow their business.”

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:

  • Enables buy-side firms to mitigate risk by providing access to multiple brokers
  • Enhances the privacy of the buy side with respect to their intentions and total positions by executing with multiple brokers
  • Allows the buy side to manage risk across brokers from a single interface

MultiBroker was named “Best New Technology Product, Trading and Execution” at the 2013 FOW International Awards and “Best New Product, Connectivity” at the 2013 FOW Asia Awards. In addition, TT received the award for “Best Trading and Execution Technology” at the Inaugural CTA Intelligence Service Awards.

TT expects to further deepen buy-side and sell-side firm participation with the launch of its next-generation trading platform, simply called TT, which will offer multi-broker order routing to every user through a fully hosted high-performance global trading network. TT 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 TT 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.

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