Trading Technologies has expanded its TT FX platform with new features for institutional FX and precious metals traders. The update strengthens OTC capabilities within its execution management system as the firm continues to build a more integrated cross-asset environment.
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The move follows TT’s earlier integration with CME Group’s EBS Market, which enabled trading in spot FX, precious metals, and NDFs through its EMS. The firm has also outlined plans to connect to EBS Direct and FX Spot+, broadening access across CME FX products and linking futures, options, and cash markets within a unified framework.
FX Expansion Adds Multi-Asset Execution
The latest expansion extends FX coverage beyond spot to include forwards, NDFs, and swaps, while adding liquidity from both bank and non-bank providers alongside existing FX venues and ECNs. TT said the changes are intended to deepen liquidity access and allow FX, futures, and precious metals trading through a single interface, including via integrated bank algorithms.
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The platform now supports multi-asset execution across FX, futures, and metals, reducing the need for separate workflows across asset classes. It also adds integrated order types, including bank algorithms, exchange-native orders, and TT’s synthetic strategies, all accessible within the same interface.
Multi-asset spread execution is handled through TT’s Autospreader, which can price, execute, and hedge multiple legs simultaneously to manage exposure and lock in spreads.
Low-Latency System Supports Unified FX Trading
The update includes UI enhancements such as FX-specific liquidity ladders and tile-based widgets designed for faster execution.
The system continues to run on TT’s low-latency, co-located infrastructure to support execution speed and performance.
Post-trade processing has also been unified through a single drop copy across OTC and exchange -traded products, simplifying connectivity with brokers, risk systems, and back offices.
Tomo Tokuyama, EVP and Managing Director, FX at TT, said the goal was to embed FX into existing workflows, calling it “a natural extension of the trading workflow, not a separate system,” and noting it had been tested in live production over the past year.
He added that traders can operate across asset classes using the same tools and screens, saying “traders can now execute FX the way they trade futures,” while pointing to reduced friction and the potential for consolidating FX trading into a single environment.