ASX Deploys Trading Technologies Platform in Australian Liquidity Centre
- Integration between ASX and TT allows customers to access to the TT platform from ASX’s point-to-point fibre network ASX.net.
Chicago-based Trading Technologies International, Inc., a global provider of high-performance trading solutions, today announced in a joint statement with the Australian Securities Exchange (ASX) the launch of its flagship TT® Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term in the Australian 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 Centre (ALC), as per an official circular.
Trading Technologies’ innovative TT® platform provides secure, high-performance, go-anywhere market access and trade execution through the software-as-a-service (SaaS) delivery model. In addition, the solution provides access to 45 major international exchanges and liquidity platforms.
According to Rick Lane, CEO of Trading Technologies: “The combination of TT, which is the fastest commercially available futures trading platform, with execution through the ALC co-location facility, will deliver best execution to our mutual customers.”
The new partnership ensures the availability of the TT platform to the Australian derivatives market within the Australian Liquidity Centre (ALC), which is the Australia’s only data centre dedicated to the financial markets community. The platform already serves a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers.
Innovative means to a consolidated access
The users of TT will have access to the new platform through ASX’s point-to-point fibre network – ASX Net. This allows customers to consolidate their access to ASX and third party services such as the TT platform across the same high availability infrastructure.
Commenting in the press release, David Raper, Executive General Manager of Trading Services at ASX, said: “We welcome Trading Technologies into the ALC. The ALC has become the heart of Australia’s financial markets community and is home to Australia’s most established and liquid derivatives products. The launch of TT’s new platform within the ALC will provide the community with an innovative means to access these derivatives products. ASX has a long and trusted relationship with TT. We are proud to have been selected as a critical partner for their ambitions in Australia and New Zealand.”
Chicago-based Trading Technologies International, Inc., a global provider of high-performance trading solutions, today announced in a joint statement with the Australian Securities Exchange (ASX) the launch of its flagship TT® Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term in the Australian 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 Centre (ALC), as per an official circular.
Trading Technologies’ innovative TT® platform provides secure, high-performance, go-anywhere market access and trade execution through the software-as-a-service (SaaS) delivery model. In addition, the solution provides access to 45 major international exchanges and liquidity platforms.
According to Rick Lane, CEO of Trading Technologies: “The combination of TT, which is the fastest commercially available futures trading platform, with execution through the ALC co-location facility, will deliver best execution to our mutual customers.”
The new partnership ensures the availability of the TT platform to the Australian derivatives market within the Australian Liquidity Centre (ALC), which is the Australia’s only data centre dedicated to the financial markets community. The platform already serves a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers.
Innovative means to a consolidated access
The users of TT will have access to the new platform through ASX’s point-to-point fibre network – ASX Net. This allows customers to consolidate their access to ASX and third party services such as the TT platform across the same high availability infrastructure.
Commenting in the press release, David Raper, Executive General Manager of Trading Services at ASX, said: “We welcome Trading Technologies into the ALC. The ALC has become the heart of Australia’s financial markets community and is home to Australia’s most established and liquid derivatives products. The launch of TT’s new platform within the ALC will provide the community with an innovative means to access these derivatives products. ASX has a long and trusted relationship with TT. We are proud to have been selected as a critical partner for their ambitions in Australia and New Zealand.”