DTN to provide order routing via TT's FIX Adapter

Source: Trading Technologies

Trading Technologies International, Inc. (TT) and DTN today jointly announced that DTN will provide ProphetX customers with order routing through TT's exchange gateways via FIX Adapter.

DTN ProphetX is a professional desktop trading application that provides real-time, tick-by-tick commodity quotes, analytical tools, market news and analysis. DTN ProphetX users can connect to TT's FIX Adapter to trade commodities on the Chicago Board of Trade, Kansas City Board of Trade, Minneapolis Grain Exchange and Winnipeg Commodity Exchange. They also have the option to trade all other markets supported by TT, including 14 additional financial and commodity markets from around the world.

"It is an exciting time for the commodity markets, especially with the CBOT's launch of day-time electronic grains trading," said Alvin Tanpoco, VP of Business Development with TT. "The integration with DTN demonstrates TT's ongoing commitment to provide the highest quality execution to a wide variety of trading segments, such as DTN's commercial agricultural base."

"DTN is committed to providing trading customers with powerful, yet easy-to-use tools," said Robert Gordon, chief executive officer, DTN. "ProphetX now complements its powerful trading work station with the ability to conveniently execute orders through TT's exchange gateways via FIX Adapter. For traders this means smarter decisions coupled with faster execution."

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