Trading Technologies International (TT), a leading global provider of software and solutions for professional derivatives traders, has released TT API, a new application programming interface (API) that enables end users and third parties to build faster, more scalable trading applications on the TT platform.
TT API is available at no additional cost to X_TRADER Pro users.
TT API offers substantially lower latency and greater throughput than with legacy APIs. Providing full support for multithreaded development, TT API allows developers to build applications that can be deployed from a co-located server or trader's desktop. In addition, complex synthetic orders such as slicers and spreads managed on TT's Strategy Engine servers can be submitted and controlled as simple orders using TT API.
Integrated with the full suite of TT's high-performance exchange gateways, TT API provides application developers a normalized view of the world's leading derivatives markets. A TT API trading application developed for one market can be retargeted to other markets without timeconsuming code changes and extensive re-validation.
"TT API is a welcome addition to the TT platform, offering developers the means of writing faster and more scalable trading applications," said Tom Haldes, senior product manager with TT. "We concluded a successful beta test that involved more than a dozen firms in the U.S., Europe and Asia. TT API was put through its paces in a multitude of markets and conditions, and is now ready for general availability worldwide."