Trading Technologies Opens Houston Office
CHICAGO, June 12 // -- Trading Technologies International, Inc. (TT) today announced it has opened a new office in Houston, Texas. The new office will provide TT's X_TRADER(R) electronic trading software and other technology solutions to energy firms and local trading groups, including banks and proprietary trading firms.
"TT's decision to come to Houston signals a new wave of electronic trading of energy commodities that will fundamentally change the way companies trade, and clearly gives TT an advantage in working with the energy industry," said Marty Makulski, Director of Trading & Risk Systems Practice with Sirius Solutions in Houston.
"The global energy markets are growing at a very brisk pace, and we are seeing continued strong demand for our X_TRADER product from the energy sector. Houston is the hub of U.S. energy trading activities and also is home to several key investment banks and trading institutions, and the region represents tremendous opportunity. With our experienced Houston-based sales team, TT is well positioned to serve our growing client base there," said Tim Geannopulos, EVP Global Sales.
TT's X_TRADER platform provides direct connections to the IntercontinentalExchange(R) (ICE), ICE Futures (formerly the International Petroleum Exchange) and New York Mercantile Exchange (NYMEX). TT also supports the trading of NYMEX products on the Chicago Mercantile Exchange's Globex platform, which launched this week. In addition, TT offers connectivity to the world's primary futures exchanges including the CBOE Futures Exchange (CFE), Chicago Board of Trade (CBOT), Chicago Mercantile Exchange (CME), Eurex, Eurex US, Euronext.liffe, Montreal Exchange and Sydney Futures Exchange (SFE). TT also connects to BrokerTec, Frankfurt Stock Exchange (Xetra) and Hotspot FX. This breadth of connectivity allows the energy trader to simultaneously view and trade the world's major energy and futures exchanges from one trading screen.
About Trading Technologies
Trading Technologies ( www.tradingtechnologies.com/ ) develops high- performance trading software for derivatives professionals, including the world's premier exchanges, money-center banks, proprietary traders, securities brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's software and services provide direct access to the world's major derivatives exchanges. Headquartered in Chicago, Trading Technologies maintains a worldwide presence with offices in New York, Houston, London, Frankfurt, Hong Kong, Tokyo and Sydney. In 2004, Trading Technologies was named the best technology company to work for in Chicago by Chicago magazine and ranked third among all Chicago area employers. In 2006, TT received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) as the leading technology company in Illinois.
Source: Trading Technologies International, Inc.
CONTACT: Drew Mauck of Strategics, +1-312-346-2005,
dmauck@strategicsinc.com
Web site: www.tradingtechnologies.com/
