Global capital markets technology platform Trading Technologies International (TT) has substantially expanded its FX liquidity by integrating with the EBS Market central limit order book (CLOB), a regulated, anonymous all-to-all matching platform.
It also plans to offer EBS Direct, a relationship based disclosed platform, and CME Group’s new FX Spot+ platform.
Using the TT execution management system (EMS), market participants can now connect directly to EBS Market, where they can tap into one of the largest primary pools of liquidity, view prices, and trade spot FX and precious metals, and non-deliverable forwards (NDFs). As a leading EMS for trading CME Group’s listed derivatives, and with other integrations underway, TT will be the first to offer the full complement of CME Group FX futures, options and cash over-the-counter (OTC) markets.
Tomo Tokuyama, TT’s EVP & Managing Director, FX, said: “TT will give market participants the ability to trade CME Group FX futures and options, EBS Market, EBS Direct, FX Link and the recently launched FX Spot+, all side by side in one EMS.”
TT has seen significant demand from both sell-side and buy-side clients looking to consolidate their platforms in order to streamline their trading and trade life cycle processes, as well as traders looking to use TT tools such as Autospreader and ADL across both futures and cash markets.
