TT TradingTechnologies - futures io
futures io futures trading



TT TradingTechnologies


Discussion in Brokers

Updated
      Top Posters
    1. looks_one torroray with 9 posts (1 thanks)
    2. looks_two Bogan with 3 posts (0 thanks)
    3. looks_3 Lornz with 3 posts (1 thanks)
    4. looks_4 Dale Box with 3 posts (1 thanks)
      Best Posters
    1. looks_one SMCJB with 2.7 thanks per post
    2. looks_two NinjaTrader with 2.0 thanks per post
    3. looks_3 addchild with 1.3 thanks per post
    4. looks_4 Big Mike with 0.5 thanks per post
    1. trending_up 7,674 views
    2. thumb_up 19 thanks given
    3. group 10 followers
    1. forum 30 posts
    2. attach_file 2 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

TT TradingTechnologies

(login for full post details)
  #1 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received

Hi,

Last week a tech rep from Mirus said my internet connection is slow and will effect my trading since I live on the other side of the world.

I notice TT Global Distribution Network hub is located in Singapore which is near my country.

Would this be a solution that I can consider?

Attached Thumbnails
Click image for larger version

Name:	tt.PNG
Views:	133
Size:	317.8 KB
ID:	68876  
Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Moores Research vs spread software SeasonAlgo
Trading Reviews and Vendors
Polygonio developers and reviews
Trading Reviews and Vendors
Rising relative strength vs SPX/NDX as part of TOS scanner?
ThinkOrSwim
Financial Modeling Prep (free to use: financialmodelingprepcom) API
Trading Reviews and Vendors
Trying to transform single contracts into a continuous contract from historical data
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on futures io
The war of the two worlds (options traders vs futures traders)
109 thanks
Big Mike in Ecuador
87 thanks
Spoo-nalysis ES e-mini futures S&P 500
50 thanks
The Small Exchange (www.smallexchange.com)
47 thanks
How did you learn to trade?
37 thanks
 
(login for full post details)
  #3 (permalink)
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010


Yes, either that or CQG. It's better to use their infrastructure than it is rely on one's own internet line to and from Chicago.

I had the same problem here in Norway.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #4 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Lornz View Post
Yes, either that or CQG. It's better to use their infrastructure than it is rely on one's own internet line to and from Chicago.

I had the same problem here in Norway.

Cant find if CQG got a hub near me

Started this thread Reply With Quote
 
(login for full post details)
  #5 (permalink)
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010


torroray View Post
Cant find if CQG got a hub near me

They do.

Attached Thumbnails
TT TradingTechnologies-cqgnettechspec.pdf  
Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #6 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received

Thanks.

Does that mean that if you open account with a broker offering CQG then your trade will automatically seek the nearest CQG hub?

Started this thread Reply With Quote
 
(login for full post details)
  #7 (permalink)
Site Sponsor

Web: NinjaTrader
AMA: Ask Me Anything
Webinars: NinjaTrader Webinars
Elite offer: Click here
 
 
NinjaTrader's Avatar
 
Posts: 1,553 since May 2010
Thanks: 181 given, 2,364 received


torroray View Post
Thanks.

Does that mean that if you open account with a broker offering CQG then your trade will automatically seek the nearest CQG hub?

When connecting into the CQG Global Network, they will run ping tests and connect you to the hub with the lowest latency to your location.

Follow me on Twitter Reply With Quote
The following 2 users say Thank You to NinjaTrader for this post:
 
(login for full post details)
  #8 (permalink)
Oslo, Norway
 
Experience: Advanced
Platform: CQG, Excel
Trading: CL
 
Lornz's Avatar
 
Posts: 1,198 since Apr 2010


torroray View Post
Thanks.

Does that mean that if you open account with a broker offering CQG then your trade will automatically seek the nearest CQG hub?

NinjaTrader beat me to it. However, contact CQG to get this confirmed if you're using Trader. If I remember correctly, their Trader version has to be set manually.

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #9 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,412 since Jun 2009
Thanks: 32,068 given, 96,715 received

Moderator Notice
Moderator Notice



Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #10 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Thanks for everyone contributing on CQG experience but I would like to hear from those with TT connection.

Started this thread Reply With Quote
The following user says Thank You to torroray for this post:
 
(login for full post details)
  #11 (permalink)
Houston Texas USA
 
Experience: Advanced
Platform: X_TRADER
 
Posts: 63 since Sep 2010
Thanks: 24 given, 43 received


torroray View Post
Hi,

Last week a tech rep from Mirus said my internet connection is slow and will effect my trading since I live on the other side of the world.

I notice TT Global Distribution Network hub is located in Singapore which is near my country.

Would this be a solution that I can consider?


As long as the firm was using TT Net and not hosting their own TT environment (the way we do) this is definitely a solution for you.

If you have any questions about our services at Velocity Futures please send me a private message.
Reply With Quote
 
(login for full post details)
  #12 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Dale Box View Post
As long as the firm was using TT Net and not hosting their own TT environment (the way we do) this is definitely a solution for you.

Hi Dale,

How do you find out if they using their own TT Net? Some broker site dont have this info listed.

Started this thread Reply With Quote
 
(login for full post details)
  #13 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Dale Box View Post
As long as the firm was using TT Net and not hosting their own TT environment (the way we do) this is definitely a solution for you.

Hi Dale,

I did find that some host their own TT environment .

So Velocity looks to be a very attractive option.

Started this thread Reply With Quote
 
(login for full post details)
  #14 (permalink)
Australia
 
 
Posts: 48 since Feb 2011

Anyone knows any other IB/FCM offering platforms other than X_Trader on TT feed AND using TTNet? (Velocity don't deal with international customers)

Reply With Quote
 
(login for full post details)
  #15 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Bogan View Post
Anyone knows any other IB/FCM offering platforms other than X_Trader on TT feed AND using TTNet? (Velocity don't deal with international customers)

Really. Can you show me where they mention this.

Started this thread Reply With Quote
 
(login for full post details)
  #16 (permalink)
Australia
 
 
Posts: 48 since Feb 2011


torroray View Post
Really. Can you show me where they mention this.

No, I can't, because they don't bother mentioning unless you ask explicitly.

Reply With Quote
 
(login for full post details)
  #17 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Bogan View Post
No, I can't, because they don't bother mentioning unless you ask explicitly.


I've notice they have international contact no. Whats the point if they do not intend to deal with international customers

Started this thread Reply With Quote
 
(login for full post details)
  #18 (permalink)
Houston Texas USA
 
Experience: Advanced
Platform: X_TRADER
 
Posts: 63 since Sep 2010
Thanks: 24 given, 43 received

Gents,

Due to Australian and Canadian regulations we aren't allowed to accept customers from those countries.

If you have any questions about our services at Velocity Futures please send me a private message.
Reply With Quote
 
(login for full post details)
  #19 (permalink)
Malaysia
 
Experience: Beginner
Platform: Multichart DT
Broker: MB Trading
Trading: Fx
 
torroray's Avatar
 
Posts: 273 since Nov 2009
Thanks: 52 given, 61 received


Dale Box View Post
Gents,

Due to Australian and Canadian regulations we aren't allowed to accept customers from those countries.

Thanks for clearing that up

Started this thread Reply With Quote
 
(login for full post details)
  #20 (permalink)
Australia
 
 
Posts: 48 since Feb 2011


Dale Box View Post
Gents,

Due to Australian and Canadian regulations we aren't allowed to accept customers from those countries.

Dale, can you please elaborate on which regulations you are referring to?
Interestingly enough, there are no any regulations preventing many other US FCMs from accepting Australian and Canadian customers.

Reply With Quote
 
(login for full post details)
  #21 (permalink)
Houston Texas USA
 
Experience: Advanced
Platform: X_TRADER
 
Posts: 63 since Sep 2010
Thanks: 24 given, 43 received


Bogan View Post
Dale, can you please elaborate on which regulations you are referring to?
Interestingly enough, there are no any regulations preventing many other US FCMs from accepting Australian and Canadian customers.


Hi Bogan,

Other U.S. based FCMs that accept customers from Canada or Australia have (or should have) branch offices located in these countries which allows them to transact business with residents of Canada or Australia.

Best regards,

If you have any questions about our services at Velocity Futures please send me a private message.
Reply With Quote
The following user says Thank You to Dale Box for this post:
 
(login for full post details)
  #22 (permalink)
Detroit, Michigan
 
Experience: Beginner
Platform: Ninja Trader
Trading: Futures
 
Posts: 299 since Nov 2011
Thanks: 495 given, 286 received

FYI

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=8&ved=0CHAQFjAH&url=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F38eafc14-8b3a-11e1-bc84-00144feab49a.html&ei=ZaGdT9-sEMKeOuyZ6PsB&usg=AFQjCNHJUhJJO1vFnjiC5NxK24i3LJnosA

Not sure if it is relevant.

Reply With Quote
The following user says Thank You to TrendTraderBH for this post:
 
(login for full post details)
  #23 (permalink)
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: My own custom solution
Trading: Emini Futures
 
Big Mike's Avatar
 
Posts: 49,412 since Jun 2009
Thanks: 32,068 given, 96,715 received

Source: Trading Technologies lays off 100 staff - FT.com


Quoting 
Trading Technologies lays off 100 staff

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. Trading Technologies lays off 100 staff - FT.com

Trading Technologies International, a developer of futures trading software used across Wall Street desks and in the pits of the Chicago exchanges, is laying off a large number of staffers just weeks after the rollout of a major new product.

The privately held firm is cutting some 100 of its roughly 600 staffers, including 80 in its home office in Chicago and the rest spread out across its offices, which are in London, New York, Tokyo, Singapore and Hong Kong.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. Trading Technologies lays off 100 staff - FT.com

“As we’ve become more focused and efficient over the past few years, we made a difficult but necessary decision to lay off about 100 employees,” the company said in a statement.

The cut comes amid persistently weak volumes in derivatives markets that have pressured revenues for trading technology firms, as it has for traders, banks and brokerages. CME Group said that average daily futures volumes were down 21 per cent so far this quarter versus the same period a year ago.

However, a person close to the group said that the move is an “organisational restructuring”, the result of an overexpansion just before the financial crisis. This is the first staff reduction for Trading Technologies since 2001.

“It’s been clear for the past six months or so that headcount was too high,” this person said. “This is not a reflection of trading volumes.”

The cuts will come from a variety of roles, but primarily engineers and IT support staff.

Despite the poor volumes, Trading Technologies has continued to unveil new trading tools. In March, it launched a new version of its core platform, X_TRADER. This included the Algo Design Lab, known as ADL, which allows traders to visually assemble automated trading engines and quickly launch them.

The company also recently named Rick Lane, the developer of ADL, as its chief technology officer. Mr Lane had left the group after it acquired the maker of ADL, to work at Google, but rejoined Trading Technologies last month.

Traders increasingly rely on automated decision engines known as algorithms, or “algos”, to rapidly trade futures or pair trades of related assets.

In addition to software, Trading Technologies also offers “co-location” services to put traders’ systems close to exchange hubs to increase their speed.

Though common to equities and the subject of scrutiny by some regulators such as the US Commodity Futures Trading Commission, algos are seeing growing use in other asset classes. ITG and Bank of America Merrill Lynch rolled out new electronic futures trading tools for their institutional clients last year.

Mike

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/
Follow me on Twitter Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Big Mike for this post:
 
(login for full post details)
  #24 (permalink)
Market Wizard
@ Germany
 
Experience: Beginner
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: FDAX
 
Posts: 516 since Nov 2011
Thanks: 373 given, 443 received

Hello,

i want to design my new eurex setup and need to know a pingable IP address from one of the TT Eurex Gateway servers in frankfurt/germany. I want to place my server as close as possible. Till yet i couldn't find anything.

Is there a known ip or could someone look into netstat? Any known dedicated server hoster in frankfurt with low latency connection to TT gateway?

Regards,
Koepisch

Reply With Quote
 
(login for full post details)
  #25 (permalink)
Bay Area California
 
Experience: None
Platform: TT T4
Broker: Phillip Capital
Trading: Futures
 
Posts: 797 since Nov 2011
Thanks: 862 given, 877 received

TT doesn’t expose any publicly pingable ip addresses.

But, if you have access to the TT api, it will Ping servers on connection and I believe log the value.

Depending on your budget, TT offers hosting, which would be the lowest latency. Beeks financial Cloud is another service provider that has servers in Frankfurt and pretty decent pricing.


Sent using the futures.io mobile app

.
Reply With Quote
The following user says Thank You to addchild for this post:
 
(login for full post details)
  #26 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,802 since Dec 2013
Thanks: 3,099 given, 7,373 received


Koepisch View Post
Hello,

i want to design my new eurex setup and need to know a pingable IP address from one of the TT Eurex Gateway servers in frankfurt/germany. I want to place my server as close as possible. Till yet i couldn't find anything.

Is there a known ip or could someone look into netstat? Any known dedicated server hoster in frankfurt with low latency connection to TT gateway?

Regards,
Koepisch

If you are asking about "XTrader" or "XTAPI" this is a valid question. If you are asking about "New TT" it's really mote. While the software front end is cloud based (AWS in the US I believe) all the order execution engines are all colocated. So having a faster/better connection to the 'front end' won't improve your automated trading.


addchild View Post
TT doesn’t expose any publicly pingable ip addresses.

I always used PingPlotter to monitor my connection to my servers in the XTrader world. Was disappointed when I discovered that "New TT" doesn't allow this. Thankfully (with the help of PingPlotter Support) I was able to find away around this.

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
 
(login for full post details)
  #27 (permalink)
Bay Area California
 
Experience: None
Platform: TT T4
Broker: Phillip Capital
Trading: Futures
 
Posts: 797 since Nov 2011
Thanks: 862 given, 877 received

Goldman in talks to buy TT:


Quoting 
Goldman Sachs is in advanced talks with Trading Technologies International about acquiring the Chicago-based fintech firm for an estimated $500m (£370m), according to sources.

https://www.globalinvestorgroup.com/articles/3695761/goldman-sachs-in-talks-to-buy-trading-technologies-sources

.
Reply With Quote
The following 2 users say Thank You to addchild for this post:
 
(login for full post details)
  #28 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,802 since Dec 2013
Thanks: 3,099 given, 7,373 received

Been rumors that they were on the Block but this is the talk of Chicago today. I wonder how many customers they would lose though if the Vampire Squid did buy them.

Reply With Quote
The following 2 users say Thank You to SMCJB for this post:
 
(login for full post details)
  #29 (permalink)
Bay Area California
 
Experience: None
Platform: TT T4
Broker: Phillip Capital
Trading: Futures
 
Posts: 797 since Nov 2011
Thanks: 862 given, 877 received


SMCJB View Post
Been rumors that they were on the Block but this is the talk of Chicago today. I wonder how many customers they would lose though if the Vampire Squid did buy them.

Yeah, I was surprised it was GS but I imagine trading frontend/software providers aren't exactly a hot market.

.
Reply With Quote
The following user says Thank You to addchild for this post:
 
(login for full post details)
  #30 (permalink)
NYC, NY
 
Experience: Intermediate
Platform: Sierra Qtrader TT
Broker: Amp/CQG/TT, Optimus, ADM
Trading: Mainly CL. Spread researcher currently
 
Posts: 625 since May 2013
Thanks: 531 given, 330 received

Probably big banks and funds will look for alternates since they don’t want their proprietary trades/data tracked but what happens to prop/retail who cannot afford alternatives. For autospreader/automation it is still the cheapest solution unless you want to build your own connecting to a different API


Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
 
(login for full post details)
  #31 (permalink)
Legendary Market Wizard
Houston, TX
 
Experience: Advanced
Platform: Trading Technologies
Broker: Primary Advantage Futures. Also ED&F and Tradestation
Trading: Primarily Energy but also a little ES, GE, GC, SI & Bitcoin
 
Posts: 3,802 since Dec 2013
Thanks: 3,099 given, 7,373 received


addchild View Post
Yeah, I was surprised it was GS but I imagine trading frontend/software providers aren't exactly a hot market.

I was under the impression TT was struggling. I could be completely wrong. From first hand experience working on big institutional desks (~ large energy trading desks) the bigger the rumor we were blowing up - the more money we were making. Hence who knows. Either way $500M seems like a huge amount of money for a company who appears to see their hardcore customer base continually eroding. Don't get me wrong, I think its an amazing piece of software but they charge $1500 when their competition charges a fraction of that. (Unless your talking about Bloomberg, but nobody is comparing Bloomberg to TT!)


jokertrader View Post
Probably big banks and funds will look for alternates since they don’t want their proprietary trades/data tracked

Exactly my thought


jokertrader View Post
but what happens to prop/retail who cannot afford alternatives.For autospreader/automation it is still the cheapest solution unless you want to build your own connecting to a different API

I agree again. ADL is in a league of its own. But who is paying $500M for ADL? I tried to search for what TT paid for Tickit (which is what ADL is) but can't find it. Google has become nothing but advertising. Real search barely works.

Reply With Quote
The following 4 users say Thank You to SMCJB for this post:


futures io Trading Community Trading Reviews and Vendors Brokers > TT TradingTechnologies


Last Updated on November 12, 2020


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Finding Trading Opportunities Using Profile Charts w/Tradovate

Jan 28
 

Journal Challenge!

February
 

Battlestations!

March
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts