Goldman Sachs to Distribute Trading Technologies’ TT Platform

Trading Technologies International, Inc. announced this Wednesday that it has been selected by banking giant Goldman Sachs Group, Inc. to distribute its TT platform to the bank's client base.

Trading Technologies is a provider of professional trading software. The company’s TT platform is designed for professional traders, with its infrastructure available across five continents. The platform provides access to major international exchanges and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term venues.

Under the agreement, the international client base of Goldman Sachs can now access the range of professional trading tools available through the TT platform. This includes Autospreader and its new advanced options Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term functionality.

Users of the TT platform, on the other hand, can now also access Goldman Sachs’ suite of internally developed execution algorithms, following the partnership of the two companies.

Commenting on the partnership, Guy Scott, Managing Director, Sales Americas at Trading Technologies said: "We believe Goldman Sachs’ use of the TT platform will deliver unique value to the firm’s clients.”

The announcement comes just one day after it was revealed that Goldman Sachs had selected QuantHouse, a provider of end-to-end systematic trading solutions, to improve the market data distribution from its SIGMA X multilateral trading facility (MTF) European platform.

Trading Technologies continues to expand TT platform

Trading Technologies has been actively expanding the capabilities of its TT global platform. As Finance Magnates reported, earlier this year, the trading software provider announced that it had partnered with the owner of BitMEX, HDR Global Trading. As part of the collaboration, Trading Technologies provides direct access to BitMEX through its TT platform.

More recently, the software company has also partnered with a number of other firms, such as launching the availability of execution and client connectivity services through the ICE Data Services European Liquidity Center (EULC) via its TT platform.

In addition, by partnering with CoinFlex, physically delivered crypto futures trading contracts on the exchange were made available to traders outside of the US through a partnership with Trading Technologies.