CHICAGO--(EON: Enhanced Online News)--Trading Technologies International, Inc. (TT) today announced that its MultiBroker solution has been named “Best New Product, Connectivity” at the FOW Asia Awards in Singapore. MultiBroker gives the buy side direct market access using credentials from any number of participating brokers. Buy-side firms make a single X_TRADER® Pro or API connection to TTNET™, TT’s fully managed global hosting solution, and trade through servers that are strategically located around the world.
“We are honored to receive the award from FOW. For the sell side, MultiBroker has not only opened up new sales channels, it has helped catalyze a new level of execution excellence. This, in turn, has positively impacted our buy-side clients.”
With MultiBroker gaining traction at large buy-side firms, sell-side firms are able to more readily differentiate themselves by way of rates/margins, research, asset classes, regional expertise, trading support, and capital introduction, which in turn better meets the varying needs of the buy side.
Other key benefits of TT’s MultiBroker solution include:
- Enables buy-side firms to mitigate risk by enabling access to multiple brokers
- Enhances the privacy of the buy side with respect to their intentions and total positions by executing with multiple brokers
- Allows the buy side to manage risk across brokers from a single interface
Tim Geannopulos, EVP of Global Sales at TT, commented, “We are honored to receive the award from FOW. For the sell side, MultiBroker has not only opened up new sales channels, it has helped catalyze a new level of execution excellence. This, in turn, has positively impacted our buy-side clients.”
William Mitting, Editor and Publisher of FOW, offered, “The judging panel was impressed with the significant impact MultiBroker is having on the industry in such a short period. We congratulate TT on their award.”
Clients may utilize MultiBroker in conjunction with X_TRADER 7.17, a new version of TT’s flagship product for buy-side, sell-side and proprietary derivatives traders. The 7.17 highlights are covered in the video What’s New in X_TRADER.
Complete TT’s online sales inquiry form for more information on MultiBroker.
About Trading Technologies @Trading_Tech
Trading Technologies (http://www.tradingtechnologies.com), headquartered in Chicago, develops high performance trading software for derivatives professionals, including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers. The company’s X_TRADER software and related services provide direct access to 37 of the major international derivatives exchanges. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, São Paulo, London, Frankfurt, Singapore, Tokyo, and Sydney.