Trading Technologies to launch new offerings for futures TCA and multi-asset trade surveillance

New offerings will provide a TCA tool made specifically for futures trading as well as an expanded set of asset classes - beyond listed derivatives - for trade surveillance.

Trading Technologies (TT) has introduced two new offerings to enhance its data and analytics and compliance lines of business, TT Futures TCA and TT Trade Surveillance.

TT Futures TCA is a transaction cost analysis (TCA) tool made specifically for futures trading, leveraging futures market and trade data with a range of metrics and measures.

According to the firm, the new TCA for futures capability will enable users to choose from a range of customisable reports to analyse and improve their trading strategies while measuring the efficacy of their trading counterparties.

Meanwhile, TT Trade Surveillance – powered by the proprietary SCORE machine learning algorithm – combines new multi-asset coverage and new configurable models with the machine learning-driven models from the firm’s first-generation trade surveillance platform, TT Score.

Trading Technologies added that it plans to upgrade and shift all TT Score users to TT Trade Surveillance in H2 this year.

The firm’s trade surveillance capabilities are being expanded beyond listed derivatives to a larger range of asset classes, including equities and equity-adjacent subclasses, equity options, foreign exchange (FX) and fixed income.

“We are constantly in a mode of identifying opportunities that will enhance our clients’ experience, simplify their day-to-day operations, increase efficiencies and add value to the trade life cycle,” said Justin Llewellyn-Jones, chief operating officer at TT.

“The introduction of our new futures TCA and expanded multi-asset trade surveillance capabilities are the latest examples of how Trading Technologies and the TT platform play a pivotal role in the global financial markets.”