Trading Technologies Signs Multi-Year Deal with TP Icap

London-based Trading Technologies (TT), a provider of trading software, infrastructure and data solutions, and the Institutional Services division (IS) of TP ICAP, the world’s largest interdealer broker, today announced the two firms have entered into a multi-year agreement whereby TP ICAP will utilize TT’s new Order Management System (OMS) solution.

The firms said that through this agreement, TP ICAP IS will replace 85 trading screens in London, Paris and New York with TT’s award-winning TT Pro trading screen.

TP ICAP’s IS brokers will use all of the TT OMS advanced order handling and post-trade allocation features to optimize their order executions and reporting, according to the announcement.

The brokers will also deploy TT’s Advanced Options Package for options trading and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term through the TT screen.

Additionally, TT will provide TP ICAP’s IS brokerage desks with direct ultra-low-latency access to the major derivatives markets across six continents through TT’s global infrastructure and colocation facilities.

Broadening a long-standing partnership

“TP ICAP has been a tremendous long-time TT customer, leveraging our original X_TRADER® platform and TTNET™ Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term services on behalf of their customers for many years across the enterprise. We are delighted to now be expanding our strategic relationship with TP ICAP by deploying our state-of-the-art OMS offerings and next-generation TT screen to TP ICAP’s brokerage desks. With this important milestone we look forward to enabling TP ICAP to add value to its clients via generating key cost, workflow and execution efficiencies across TP ICAP’s brokerage operations,” said Michael Kraines, President and CFO of Trading Technologies.

“I am delighted to continue and broaden the long-standing partnership with Trading Technologies. I believe their new, class-leading OMS will benefit both our brokers and our clients through reducing costs and enhancing efficiencies,” said John Ruskin, CEO, Institutional Services at TP ICAP.