Trading Technologies extends platform to European derivatives market with ICE

TT has launched its services through the ICE Data Services European Liquidity Centre in Basildon.

Trading Technologies (TT) has expanded its platform into the European derivatives market through a partnership with ICE Data Services.

The derivatives trading technology provider said it has launched its colocated execution and client connectivity services with the ICE Data Services European Liquidity Centre in the UK town of Basildon.

The move provides its client base with low-latency direct market access to ICE’s European derivatives market through the TT trading platform. European clients also gain an additional point of connection to TT’s global execution network.

Clients can run the TT platform on private infrastructure in the data centre through TT Prime and TT Reserved premium services. TT Reserved allows traders to run algorithmic strategies on dedicated servers, while TT Prime uses that infrastructure to maximise spread trading performance.

“As the only commercial software-as-a-service (SaaS) platform that runs in the Basildon data centre, we can provide our customers with easy accessibility and superior performance,” said Steve Stewart, managing director for sales in EMEA at Trading Technologies. “This coupled with our TT Prime, TT Reserved and infrastructure-as-a service offerings makes us uniquely positioned to serve the needs of the international professional trading community.”

TT has previously expanded its services into Asia Pacific and provided connectivity to Korea and China markets through partnerships with the Korea Exchange, Dalian Commodities Exchange, Shanghai International Energy Exchange and Zhengzhou Commodities Exchange.

Last month, TT also teamed up with Hong Kong futures broker CN First to offer access to Chinese derivatives markets to investors based outside of China through its TT platform. CN First became the first broker to offer Chinese market access with TT.