Global IT provider Trading Technologies (TT) have agreed with Applied Derivatives, a brokerage firm based in South Africa, to enable the brokerage firm to distribute TT platforms from the country.
With this arrangement, Applied Derivatives will become the broker in South Africa to provide the Trading Technologies platform in the country. The partnership will enable clients to use the rich tools provided on the TT platform.
Collaboration to benefit both parties
Trading Technologies offers high-performance data solutions, infrastructure, and professional trading software. The TT solution offers trade execution along with market access through software-as-a-service (SaaS) delivery model) the solution offers access to liquidity platforms and major international exchanges.
On the other hand, Applied Derivatives offers access to the Johannesburg Stock Exchange (JSE) to international clients to trade both equity and currency derivatives, including options and futures, available on the JSE derivatives market.
The clients of Applied Derivatives will not have complete access to the wide range of professional tools available on the TT platform, which includes pre-configured algorithms and functionality for API development, FIX services, options, mobile trading, as well as charting and analytics tools.
“We are very happy to be bringing the TT platform into South Africa for the first time through this partnership with Applied Derivatives, Applied Derivatives revealed in an announcement about the partnership.
The announcement further stated that Trading Technologies has proven to be a leader in the industry, providing excellent trading platforms for a wide range of clients in the market. It has offered its services to professional trading organizations, hedge funds, and large financial institutions.
Managing Director, Sales EMEA at Trading Technologies, has also commented on the partnership. He said through the company’s collaboration with the Applied Derivatives team, Trading Technologies hopes to expand its platform its platform’s reach to this important part of the world. According to him, there is no better choice of collaboration than with the Applied Derivatives team because of the popularity and extensive reach in South Africa. It will help Trading Technology’s quest of being recognized globally.
TT’s global connections make its platform attractive
Marilet Tait, representing Applied Derivatives revealed the company’s excitement at the prospect of the partnership. The software and infrastructure that TT offers are ideal for our clients,” he stated.
The global connection of TT’s platform is what has made it very attractive to so many brokerage firms, as the company has established a presence in 6 continents. The privately managed infrastructure of Trading Technologies offers superior performance anywhere in the world the company operates, Marilet reiterated.
TT’s platform is designed especially for professional traders and includes a broad range of customizable tools that provide trading strategies ranging from single-digit microsecond automated order entry to manual point-and-click trading.
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