Trading Technologies International
Trading Technologies International, Inc. (TT) is an independent software vendor that develops trading software for professionals. Customers include international banks, brokers, hedge funds, proprietary traders and other trading institutions.
The company is headquartered in Chicago and has offices in New York, Stamford, Houston, São Paulo, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo, Sydney and Pune, India.
Partnerships with cryptocurrency firms
Trading Technologies partnered with Coinbase/GDAX in January 2018 to expand their services to include cryptocurrency trading. In July 2018, Trading Technologies announced that it had partnered with the UK-based cryptocurrency exchange operator Coinfloor in order to fight cryptocurrency market manipulation on Coinfloor's trading platform, using its "Score" technology.
In April 2019, TT announced a new partnership with HDR Global Trading, owner of the Hong Kong-based cryptocurrency derivatives trading platform BitMEX. TT said in a blog post that through this partnership, TT's users eligible to trade at BitMEX will have full access to BitMEX's products, including its XBT/USD Perpetual Swap. Arthur Hayes, the CEO of BitMEX, said that this new partnership will "advance our mutual vision to unlock access to cutting-edge cryptocurrency products."
Score is a specialized software program that uses computer algorithms and artificial intelligence (AI) to monitor trading behavior within Trading Technologies' platforms. This fintech innovation provides tools for notifying regulators and compliance staff of TT when such behavior is detected, including breaking the data of the behavior down into simplified reports. It also includes protocols for tracking and reacting to manipulative or disruptive market behavior for which there is little or no clear regulation, making it highly applicable to cryptocurrency markets.
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