Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced it now supports trading of U.S. equity, index and ETF options on the Cboe Options Exchange (C1) through the TT platform. In addition, TT will offer day-one connectivity to Cboe Europe Derivatives, a new Amsterdam-based futures and options market that is set to launch on September 6, 2021, subject to regulatory approvals.
TT’s global user base will be able to leverage the full suite of trading, order management and execution tools, including but not limited to MD Trader®, TT order types, Autospreader®, Options on TT, Advanced Options, TT OMS and TT Score to trade Cboe’s U.S. options and European Derivatives markets. The TT platform already provides access to Cboe Futures Exchange (CFE) and its product offerings, including Cboe Volatility Index (VIX) futures and its corporate credit and interest rate futures.
“As takeup of our Advanced Options package has accelerated, we’re seeing increased demand from some of our largest clients for access to more options products. Expanding our market portfolio to include access to U.S. options through Cboe Options Exchange will meet this demand while also driving further market penetration and adoption of TT among options traders who aren’t currently using TT,” said Guy Scott, EVP Global Head of Sales at Trading Technologies.
“We are pleased Trading Technologies is expanding access to our product offering by adding our U.S. Options and European Derivatives to the current suite of futures available via CFE,” said Arianne Criqui, Senior Vice President, Head of Derivatives and Global Client Services at Cboe Global Markets. “Through C1, TT clients can now trade our U.S. equity, index and ETF options, including S&P 500 (SPX) and VIX index options, which trade during U.S. and global trading hours, and later this year are planned to be available for trading nearly 24 hours.”
Addressing the European launch, Steve Stewart, Managing Director Sales EMEA at Trading Technologies, said, “Our ability to supply our clients with connectivity to Cboe Europe Derivatives at launch will be a compelling offer for our European clients who are keen to access European equity derivatives through a single point of access. We look forward to delivering this new market to our clients in September.”
Ade Cordell, President, Cboe NL, said, “We are delighted that Trading Technologies will be providing access to Cboe Europe Derivatives. We welcome their connectivity to what will soon be Europe’s most vibrant pan-European equity derivatives market, designed to create trading opportunities for new and existing participants in European derivatives markets.
Cboe Europe Derivatives will form part of Cboe NL, Cboe’s Netherlands-based exchange, and initially offer trading in futures and options based on six Cboe Europe Indices: the Cboe Eurozone 50, Cboe UK 100, Cboe Netherlands 25, Cboe Switzerland 20, Cboe Germany 30, and Cboe France 40.
With market connectivity that spans six continents, TT’s privately managed infrastructure delivers secure market access and superior performance from anywhere in the world. Designed specifically for professional traders, TT incorporates a broad array of customizable tools to accommodate trading strategies that range from manual point-and-click trading to single-digit microsecond automated order entry.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com, @Trading_Tech) creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. In addition to providing access to the world’s major international exchanges and liquidity venues via its TT® trading platform, TT offers domain-specific technology for cryptocurrency trading and machine-learning tools for trade surveillance.