The integration was achieved using the Financial Information eXchange (FIX) protocol, an open-standard protocol that is widely used in the financial industry.
The companies’ clients can now electronically trade futures using the x-trader platform. Execution reports can flow back and update exposures, P&L and positions in real time.
The move to multi-asset-class trading continues and TT is leading the way by providing fast, reliable access to the world’s major futures exchange, said Alvin Tanpoco, TT’s VP of business development. Teaming up with Eze Castle Software provides TT’s customers with a first-class solution for executing, managing and monitoring global markets.