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 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 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.
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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.