Trading Technologies Rolls Out Two Client Wins
Trading Technologies (TT) has announced that the United Overseas Bank Bullion and Futures (UOBBF) and Macquarie Bank's Futures Division will implement its technology.
Macquarie will take TT's hosted solution for low-latency market access, TTNET, which will also include its Algo Design Lab (ADL) software and full algorithmic suite. TTNET will allow Macquarie and its clients access to global derivatives markets, leveraging TT's datacenter operations across the world. The firm will initially roll-out in the US, and expects to do the same in London and Asia at a later date.
UOBBF will also take TTNET for its global exchange-traded derivatives operations. The vendor has also equipped the bank with its X_TRADER software, which includes ADL and a host of other programs.
"We are dedicated to providing our customers with only the best solutions in the market," says Matthew Png, executive director and head of UOBBF. "Our new hosting solution and services gives our customers fast and cost-efficient access to global futures markets."
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