Trading Technologies Becomes First ISV to Pass CME Europe Conformance

Trading Technologies has announced that it has become the first independent software vendor (ISV) to pass conformance with CME Europe, the CME Group’s London based futures Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term. The passing of conformance will allow Trading Technologies software and its electronic 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, X_TRADER to be available for FX futures trading for CME Europe’s proposed launch data of September 9th later this year. X_TRADER, and its accompanying suite of algorithmic and spread trading products are one of the most widely used electronic trading platforms for futures, with the system connecting to major global derivatives exchanges.

Commenting on the approval, launch, Harris Brumfield, CEO of Trading Technologies stated “We will give our clients the ability to trade CME Europe through X_TRADER(R) at no additional cost on day one. We expect this new exchange from CME Group will provide our broad international client base with interesting new opportunities to hedge and manage risk, and we look forward to the launch.”

Robert Ray, Chief Executive Officer of CME Europe added “as we work our way through the approval process, we are excited at the feedback and input from the marketplace ahead of our launch. Having Trading Technologies now ready and able to provide its services for our prospective clients in Europe and Asia on day one is an important step for our upcoming launch.”.