Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

11:40 AM
Connect Directly
RSS
E-Mail
50%
50%

Trading Technologies Trades Up

Chicago-based Trading Technologies International (TT) has launched X_TRADER 7, the next generation of its X_TRADER trading platform.

Chicago-based Trading Technologies International (TT) has launched X_TRADER 7, the next generation of its X_TRADER trading platform. Built on an entirely new application program interface (API), version 7 incorporates a new messaging layer, new exchange gateways and a redesigned risk administration product called X_RISK 7, TT says.

According to the vendor, the X_TRADER 7 platform is faster than the previous version, and offers additional exchange connections and increased functionality to optimize trading performance, such as new asset classes, synthetic order-type support and an "autospreader" feature, which allows traders to freeze and unfreeze working orders, adjust pay-up ticks on the fly, create ratio spreads, and display their spread prices in fractions. X_TRADER 7 now also maintains overnight trader positions automatically.

"Based on the positive feedback we have received from our beta testers, we anticipate many X_TRADER users will upgrade quickly to version 7 in order to take advantage of improved performance, added features and new exchange connections," said Diane Saucier, senior product manager for X_TRADER at TT, in a release.

www.tradingtechnologies.com

312-476-1000

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.