Trading Technologies International (TT) and Mizuho Securities USA (MSUSA) announced today that they have expanded their global relationship.
Based on this new relationship, MSUSA and TT will leverage the strengths of each organization to co-market TT's high-speed X_TRADER order-entry software to MSUSA's existing and prospective global customer base. The new initiative builds on the success of the existing agreement and puts MSUSA and TT in a strong position to provide comprehensive derivatives trading services and solutions to clients worldwide.
This cooperative arrangement will allow MSUSA to expand upon its leading position in electronic trading by enabling clients to access TT's X_TRADER platform and technology solutions, including TT's FIX connectivity and high-speed exchange gateways. TT's platform will be integrated with MSUSA's back office and proprietary third-party applications, providing a robust, full-service derivatives trading experience.
John Murphy, EMD and Head of Futures for MSUSA, said, "In response to increasing demand from our institutional financial futures, major energy and commodity clients for a high performance trading solution, we are pleased to work with Trading Technologies. MSUSA is committed to providing the highest quality of service and our relationship with TT enables us to offer the mission critical solutions our global clients demand."
Harris Brumfield, CEO of Trading Technologies, said, "This collaboration has produced many satisfied customers in the U.S. and we look forward to expanding our relationship with MSUSA to distribute X_TRADER to their growing global customer base. MSUSA's established relationships within the energy and commodity trading community and their dedication to offering world-class service and support make them an ideal partner."