Goldman Sachs and Trading Technologies Enter into Global Software and TTNET™
LONDON & CHICAGO -- June 25, 2013
Trading Technologies International, Inc. (TT) today announced that it has
extended its existing software license agreement with Goldman Sachs. Under the
new agreement, Goldman Sachs has added TTNET to its suite of futures trading
systems offered to the firm’s institutional clients. Goldman Sachs will
utilize TT’s full suite of trading products including X_TRADER®, TT API, FIX
API and TT’s visual programming platform, ADL™, through TTNET’s proximity
hosted architecture. Implementation in Chicago is complete and will expand
into Europe and Asia throughout 2013.
TTNET accelerates customer access to international futures markets and
increases trading platform stability through its high-performance, redundant
data centers. TTNET enables firms to minimize latency by executing orders
through high-speed exchange gateways and execution servers that are proximity
hosted or co-located with the exchange matching engines. TTNET presently
operates data centers in Chicago, New Jersey, London, Frankfurt, Tokyo,
Singapore, Sydney and São Paulo.
“We are pleased to expand our relationship with Trading Technologies and add
TTNET to further expand our market leading futures execution and clearing
offering to clients,” said Jack McCabe, Managing Director and co-head of the
Global Futures and Derivatives Clearing business at Goldman Sachs.
Harris Brumfield, CEO of TT, said, “We are very happy to be growing our
relationship with Goldman Sachs. We look forward to working closely together
as they distribute our X_TRADER software to their global institutional clients
About Trading Technologies@Trading_Tech
Trading Technologies (www.tradingtechnologies.com/), headquartered in Chicago,
develops high performance trading software for derivatives professionals,
including proprietary traders, brokers, money managers, CTAs, hedge funds and
commercial hedgers. The company’s X_TRADER software and related services
provide direct access to 37 of the major international derivatives exchanges.
TTNET™, TT's fully managed hosting solution, delivers maximum system stability
and fast trade execution via hubs located close to the major exchanges in
Chicago, New Jersey, São Paulo, London, Frankfurt, Singapore, Tokyo and
Drew Mauck, 773.203.5456
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