March 14, 2012

Software provider Trading Technologies International announced the rollout of a platform it says enables traders to design, test and deploy custom-built algorithms without having to write a single line of code.

The platform is part of TT's X_Trader program, which the company says helps traders build sophisticated algos through simple drag-and-drop building blocks in a fraction of the time required by traditional manual programming. The company said this process is made possible by Algo Design Lab (ADL), its latest update to the X_Trader system.

The platform converts those building blocks into code, which it first tests in order to prevent syntax errors. It also includes a warning system to guard against "undesirable" algo behavior, the firm added.

ABOUT THE AUTHOR
As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced ...