Trading Technologies (TT), a global provider of trading software based in New York City, has announced connectivity to eSpeed, an electronic trading platform for benchmark U.S. Treasuries, recently acquired by Nasdaq OMX, by the first quarter of 2014. TT customers will be able to enter and manage trades on eSpeed.
Through the connection, TT customers will be able to use eSpeed’s liquidity pool and trade complex strategies across U.S. Treasury securities and futures products. The connection also allows a consolidated point of access for fixed income markets, improved price discovery and deeper liquidity.
“This greatly amplifies our fixed income offerings and we look forward to working closely with eSpeed to grow mutual customers base,” states Mike Burns, EVP of business development at TT. “We are very excited to announce our plans to connect to eSpeed.”
TT has now access to 39 markets, with the addition of recent connections to Nasdaq OMX Nordic market and Nasdaq OMX NLX.
“Our connection to Trading Technologiesis part of an ongoing effort to enhance the trader experience with tools and services they want,” comments Eric Noll, EVP of transaction services at Nasdaq OMX. “Out deep relationship with Trading Technologies will significantly expand the opportunity set for the fixed income community across the globe.”
Customers can get access to eSpeed through TT products and solutions that also enable automated, algorithmic, synthetic or spread trading.