Trading Technologies has launched colocated execution and client connectivity services through the ICE Data Services European Liquidity Center (EULC) in Basildon, UK. This expansion to Basildon also provides an additional point of connection to TT’s global execution network for European customers.
The infrastructure gives access to trade 55 markets through the TT platform but clients also have the option to run their own TT platform components on private infrastructure in the data center through the TT Prime (which maximizes spread trading performance) and TT Reserved (which allows for dedicated hardware for order routing, spread trading, and algo-trading).
Steve Stewart, Managing Director of Sales EMEA, at Trading Technologies, commented:
“As the only commercial software-as-a-service (SaaS) platform that runs in the Basildon data center, we can provide our customers with easy accessibility and superior performance. This coupled with our TT Prime, TT Reserved and Infrastructure-as-a-Service offerings makes us uniquely positioned to serve the needs of the international professional trading community.”
TT’s managed services include both managed compute and hosted infrastructure, while network services include inter-data-canter connectivity, internet access, and ecosystem connectivity. Spanning five continents, TT’s infrastructure is designed for professional traders, with customizable tools to accommodate trading strategies that range from manual point-and-click trading to low-double-digit microsecond automated order entry.
In December 2018, Chief Executive Officer Rick Lane was appointed chairman of the company’s board of directors in order to succeed outgoing chairman Harris Brumfield. Under the leadership of Rick Lane, TT progressed from a screen-driven business to one that provides professional-grade trading tools, data solutions, and market infrastructure services.