Credit Suisse licenses TT's X_Trader

Credit Suisse licenses TT's X_Trader

Chicago-based Trading Technologies says Credit Suisse Prime Services has signed a global software licensing agreement for its order entry software, X_Trader.

Credit Suisse will roll out X_Trader order entry software to its commodity prime services hedge fund customers and internal trading desks in the Americas, Europe and Asia

The bank's customers will also be able to access TT's Fix connectivity and high-speed exchange gateways.

Credit Suisse will use TT's hosting ASP service, TTNET, to distribute X_Trader. The hosted service accelerates customer access to international markets and increases trading platform stability through data centres situated in strategic locations close to the various exchanges, says the vendor.

Salvatore Ventura, head, services organisation, Credit Suisse Prime Services, says: "Our major energy and commodity hedge fund clients in prime services demand high performance trading solutions and our partnership with TT enables us to provide an additional solution to meet their demands."

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