Trading Technologies Expands FX Offerings with EBS and FX Spot+ Integration
In a significant development for the financial markets, Trading Technologies International, Inc. (TT), a leading technology platform provider for capital markets, has announced its integration with the EBS Market's central limit order book (CLOB). This move is aimed at expanding the firm's FX liquidity solutions and providing its clients with enhanced trading capabilities across various asset classes. The integration will also open up access to EBS Direct, a disclosed trading platform, as well as CME Group's newly launched FX Spot+ platform.
Through the TT execution management system (EMS), market participants can now connect directly with EBS Market. This platform is renowned for its status as a primary liquidity source, offering traders the ability to view real-time pricing and execute trades in spot foreign exchange (FX), precious metals, and non-deliverable forwards (NDFs). Notably, TT plans to be the first provider to offer CME Group’s full suite of FX futures, options, and cash over-the-counter (OTC) markets, marking a substantial expansion of its trading capabilities.
Tomo Tokuyama, the Executive Vice President and Managing Director of FX at TT, emphasized the significance of this integration, stating, "This integration is a key aspect of our TT FX build-out, providing our clients access to an elite venue where they can trade efficiently across multiple asset classes." He noted that EBS Market is highly regarded among market-making banks for hedging FX risks and accessing firm liquidity. The integration with TT will empower traders to use the company's advanced trading tools such as Autospreader® and ADL® across both futures and cash markets.
Paul Houston, Global Head FX Products at CME Group, added, "Recent market conditions have highlighted the importance of EBS’s firm, no last look pricing model, which underpins the foundational liquidity for spot FX as well as metals and NDFs." With this new connectivity, TT clients will now have the opportunity to explore a range of trading options that include CME Group FX futures and options, alongside EBS Market, EBS Direct, FX Link, and the recently launched FX Spot+ platform.
The global FX market is recognized as the largest financial market by trading volume, and its growth is driven by various factors including trade tariffs and globalization. As the trend of 'electronification' in FX markets continues, market players are increasingly turning to automation and algorithmic trading tools. Trading Technologies is responding to this shift by enhancing its offerings, thereby creating new cross-trading opportunities for clients across futures, spot, and OTC markets.
Trading Technologies, with its headquarters in Chicago, operates as a global capital markets technology platform services provider, showcasing its commitment to delivering cutting-edge technology solutions. The company's platform enables end-to-end trading operations for various financial institutions, including Tier 1 banks, brokerages, hedge funds, and proprietary traders. TT’s focus on a multi-asset approach encapsulates solutions ranging from trade execution to data analytics, ensuring that clients can effectively manage their trading processes and strategies. As TT continues to innovate, its integration with EBS and CME Group represents a significant step forward in facilitating enhanced trading capabilities and liquidity across the FX market landscape.
Through the TT execution management system (EMS), market participants can now connect directly with EBS Market. This platform is renowned for its status as a primary liquidity source, offering traders the ability to view real-time pricing and execute trades in spot foreign exchange (FX), precious metals, and non-deliverable forwards (NDFs). Notably, TT plans to be the first provider to offer CME Group’s full suite of FX futures, options, and cash over-the-counter (OTC) markets, marking a substantial expansion of its trading capabilities.
Tomo Tokuyama, the Executive Vice President and Managing Director of FX at TT, emphasized the significance of this integration, stating, "This integration is a key aspect of our TT FX build-out, providing our clients access to an elite venue where they can trade efficiently across multiple asset classes." He noted that EBS Market is highly regarded among market-making banks for hedging FX risks and accessing firm liquidity. The integration with TT will empower traders to use the company's advanced trading tools such as Autospreader® and ADL® across both futures and cash markets.
Paul Houston, Global Head FX Products at CME Group, added, "Recent market conditions have highlighted the importance of EBS’s firm, no last look pricing model, which underpins the foundational liquidity for spot FX as well as metals and NDFs." With this new connectivity, TT clients will now have the opportunity to explore a range of trading options that include CME Group FX futures and options, alongside EBS Market, EBS Direct, FX Link, and the recently launched FX Spot+ platform.
The global FX market is recognized as the largest financial market by trading volume, and its growth is driven by various factors including trade tariffs and globalization. As the trend of 'electronification' in FX markets continues, market players are increasingly turning to automation and algorithmic trading tools. Trading Technologies is responding to this shift by enhancing its offerings, thereby creating new cross-trading opportunities for clients across futures, spot, and OTC markets.
Trading Technologies, with its headquarters in Chicago, operates as a global capital markets technology platform services provider, showcasing its commitment to delivering cutting-edge technology solutions. The company's platform enables end-to-end trading operations for various financial institutions, including Tier 1 banks, brokerages, hedge funds, and proprietary traders. TT’s focus on a multi-asset approach encapsulates solutions ranging from trade execution to data analytics, ensuring that clients can effectively manage their trading processes and strategies. As TT continues to innovate, its integration with EBS and CME Group represents a significant step forward in facilitating enhanced trading capabilities and liquidity across the FX market landscape.
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.