Trading Technologies Revamps Trading Platform, Order Send Time Faster By 20%

Trading Technologies International, Inc. is set to launch X_TRADER 7, the next step in the company's trading platform, which is faster and built on a new API and incorporates a new messaging layer, new exchange gateways, and revamped redesigned risk

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Trading Technologies International, Inc. is set to launch X_TRADER 7, the next step in the company’s trading platform, which is faster and built on a new API and incorporates a new messaging layer, new exchange gateways, and revamped redesigned risk administration product.

“We have completely reengineered and optimized X_TRADER from the ground up to deliver significant performance enhancements and innovative new functionality,” said Diane Saucier, senior product manager for X_TRADER. “Based on feedback from our alpha and beta customers in Chicago, London and Frankfurt, we are confident the result is a trading platform that is unrivaled in the industry.”

Some of the features new to the X_TRADER model include: faster price updates, order send time speed increased by 20%; supports 67% more connections; access to BrokerTec cash bonds and the derivatives that trade on Sydney Futures Exchange.

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