SocGen, Mercury Derivatives contract with Trading Technologies

Source: Trading Technologies

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced it has entered an agreement with Societe Generale Corporate & Investment Banking to make the TT trading platform globally available to Societe Generale’s institutional trading client base.

This move provides professional derivatives trading customers of Societe Generale’s electronic execution business with access to TT’s advanced trading technology, including Autospreader®, ADL®, charting and analytics, options trading and connectivity through the Financial Information eXchange (FIX) protocol.

Guy Scott, Managing Director, Sales, Americas, for Trading Technologies, commented, “We’re glad to extend our long-standing global relationship with Societe Generale. They are a large and important customer with an extensive client base that covers all user types, from proprietary trading firms and large commercial hedgers to hedge funds, commodity trading advisors and other buy-side entities—all of whom can benefit from the advanced performance, customization and accessibility of the TT platform.”

Seperately, Hertshten Group portfolio company, Mercury Derivatives Trading (Mercury), and Trading Technologies International, Inc. (TT) today announced Mercury have contracted with Trading Technologies to use the TT futures trading platform. In doing so, Mercury will further scale its business and infrastructure technology. Mercury will now be provided with access to all TT features including but not limited to Autospreader®, ADL®, charting, TT Mobile, and functionality for options trading and analytics. Users also will gain access to TT-connected markets globally.

“This is a great opportunity for Mercury and TT to further our operating relationship. Mercury will benefit from TT’s technology as we continue to seek more partnerships to innovate our business and focus on technology,” said Gedon Hertshten, Chairman of the Hertshten Group.

“We are excited to make TT’s comprehensive suite of professional trading tools available to Mercury Trading. Orders entered through TT will execute through our co-located data centers, providing their traders with extreme low-latency performance and access to the broader TT ecosystem,” said Rick Lane, CEO of Trading Technologies.
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