Nomura connects to TT MultiBroker platform

Source: Trading Technologies International

Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, and Nomura, a leading Asia-based financial services group, today announced Nomura is now a participating broker in TT's global MultiBroker service.

Customers may select and route orders to Nomura through TT’s high-performance global trading network, which provides direct market access (DMA) to 40 markets across five continents.

“We are excited about the ability to deliver Nomura execution capabilities via TT’s MultiBroker platform,” said John Macpherson, MD futures and options, global head of sales and execution of Nomura. “The platform’s capabilities and global reach are very much in line with our client strategy focused on connecting markets East and West.” “We are proud to welcome Nomura to our MultiBroker network. This is a testament to the platform’s continued efforts to deliver diverse execution options around the world. We’re very pleased with the progress to date in onboarding new users and look forward to expanding our market penetration with Nomura,” said Robbie McDonnell, EVP global sales for TT.

With the addition of Nomura, TT’s MultiBroker network now comprises more than 30 sell-side participants, including seven of the top 10 brokers by customer segregated funds.

TT’s MultiBroker solution, launched in July 2013, has seen considerable traction in Asia over the past year, extending from Singapore’s commodity and energy trading space into and beyond the Japanese derivatives trading community. MultiBroker provides DMA via multiple brokers from a single connection to TT’s TTNET™ global hosting solution, helping buy-side firms effectively manage and mitigate risk while retaining privacy with respect to strategies and open positions.

Trading Technologies recently unveiled its next-generation trading platform, simply called TT, which, delivered via the Software-as-a-Service (SaaS) model, will offer multi-broker functionality as a core component. The new platform will start onboarding users this month, and access will continue to expand into 2015.

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