This new gateway will now allow existing BrokerTec participants who are also TT customers to execute benchmark U.S. Treasury and Canadian Government Bond trades through TT front-ends. This gateway is compatible with X_TRADER 7, the latest version of TT's popular order-entry software launched in January 2006.

Through TT's sophisticated X_TRADER 7 software, mutual clients can access the BrokerTec marketplace to transact both benchmark US Treasuries and Canadian Government Bonds, trading both cash and futures on a single front-end. In addition, through TT's innovative automated trading capabilities, including Autospreader and Autotrader, clients can now easily automate their basis trading. Customers also can conduct fully-automated basis trading via TT's direct API access.

"This direct connection to BrokerTec makes it possible for common clients to trade cash and futures together from the X_TRADER platform for the first time. We are enthused about providing our customers with the ability to trade BrokerTec," said Harris Brumfield, CEO of TT.

"We are excited about our collaboration with Trading Technologies, a company known for their premier front-end and advanced automated trading tool prowess," stated David Rutter, Global Deputy CEO ICAP Electronic Broking, the electronic division of ICAP plc. "As we continue to be responsive to client feedback, we are meeting a need for automated trading tools in the cash markets. Through this new gateway connection to BrokerTec, traders will have the ability to trade cash and futures on a single front-end."