Trading Technologies (TT), a provider of professional software for traders, announced on Tuesday that it partnered with Bantix Technologies, an options software developer, to share Bantix's options analysis software, QuikStrike, with TT platform users.

Trading Technologies Implements Bantix's QuikStrike

TT users who trade listed derivatives on a daily basis gain a suite of new tools to streamline and improve the trade execution process. This includes an advanced analytical tool, pricing of individual options, comprehensive market information, risk analysis, custom reports and the ability to analyze historical volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term.

The QuikStrike interface will be accessible directly from the TT platform providing traders and brokers with access to analytics and real-time option pricing.

"Our alliance with Bantix is the latest strategic partnership we've forged with a best-in-breed provider of technology that improves our clients' trading experience, allowing us to enhance the TT ecosystem with battle-tested tools that would have taken years to develop ourselves," Christen Harvey, the VP Strategic Partnerships of Trading Technologies, commented.

During the first phase of integration, TT users can launch the QuikStrike spread analysis tool, presenting a wide variety of current market data, historical data, and options analytics tools from QuikStrike in a separate window alongside their newly created strategies. In the final phase of integration, slated for completion later in 2023, QuikStrike's in-depth options analytics will be incorporated directly within TT.

According to Bantix's CEO, Nick Howard, there was a visible demand for current integration.

"Our pre- and post-trade analysis tools are a perfect complement to TT's best-in-class trading software. We look forward to advancing the user's context-sensitive experience further as well as expanding the exchange and product coverage we currently offer," Howard added.

Trading Technologies Expands Coverage and Presents Risk Manager

In November 2022, Trading Technologies presented two major updates to its current offering, expanding its market coverage to four APAC exchanges and presenting KRM22 Risk Manager.

As per the official press release, TT's latest algorithmic execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term strategies tool, the TT Premium Order Types, has been integrated with the TT platform and ensures that users can access a wide range of instruments available on the Singapore Exchange (SGX Group). By the end of the year, products offered by the Japan Exchange Group (JPX), Hong Kong Exchanges and Clearing Limited (HKEX), and the Australian Securities Exchange (ASX) will be accessible via the tool.

Additionally, TT expanded its risk management offering with the addition of KRM22's Risk Manager. With a core emphasis on risk management for market participants, KRM22 is an investment company specializing in software solutions. Its Risk Manager service, which delivers real-time post-trade risk analysis, is now accessible on the TT platform following its latest partnership.

TT and KRM22 have maintained a close collaborative partnership since the start of 2022, during which Trading Technologies invested $6.35 million to support the continued advancement of the software investment company's technology. As well as the financial investment, TT has chosen to promote and distribute KRM22's risk management products.