Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.
Professional trading software provider Trading Technologies has appointed Chief Executive Officer Rick Lane as chairman of the company’s board of directors in order to succeed outgoing chairman Harris Brumfield.
Lane will maintain his responsibilities as chief executive officer as the company promotes its latest product, TT OMS, a full-service order management system that will deliver much-needed innovation to the OMS space, in addition to cost efficiencies, vertical integration, and technology consolidation.
Under the leadership of Rick Lane, Trading Technologies has progressed from a screen-driven business to one that provides professional-grade trading tools, data solutions, and market infrastructure services. He originally joined Trading Technologies in 2010 when TT acquired the company he co-founded, TickIt Trading Systems. From Chief Technology Officer in 2012, he quickly rose to become the Chief Executive Officer in 2014.
Harris Brumfield, the outgoing chairman of Trading Technologies, said:
“Rick’s success is a reflection of the tremendous work he and the entire TT team have done, and Rick in the chairman role will serve to better support them as they continue redefining the industry’s technology landscape. I am excited to see how Trading Technologies will continue to grow and evolve.”
Trading Technologies was one of the first FinTech companies for the professional trading industry to bring digital currency market to the institutional level by launching a cryptocurrency version of its high-performance trading platform.
The new platform allows both spot and derivative markets trading side by side, with access to a market-leading suite of charting and automated trading tools as well as market data. The professional platform costs customers $400 a month.
TT users are some of the largest futures and commodity traders in the world. TT’s distribution partners include 19 of the top 20 futures commission merchants and its connectivity stretches to nearly 45 markets, including the futures markets of the CME Group, Deutsche Boerse, Intercontinental Exchange, and Nasdaq. In September, the firm signed with Singapore-based Straits Financial.