Trading Technologies (TT) has integrated with EBS Market, the central limit order book (CLOB) operated by CME Group. The connection enables TT users to trade spot FX, precious metals, and non-deliverable forwards (NDFs) via its execution management system (EMS). EBS Market offers regulated, anonymous all-to-all matching.
TT also plans to add connectivity to EBS Direct, a relationship-based disclosed platform, and CME Group’s FX Spot+, a recently launched offering. With these additions, TT will support the full suite of CME Group FX products across futures, options, and cash markets.
TT Offers Consolidated Multi-Asset Access
According to TT, the integration aligns with demand from both institutional and professional retail market participants seeking consolidated access to multiple asset classes. The platform’s EMS tools, including Autospreader and ADL, are designed to support automated and algorithmic strategies.
“This integration is an important part of our TT FX build-out and gives our clients access to another Tier 1 venue with the ability to trade seamlessly across asset classes,” Tomo Tokuyama, TT’s EVP & Managing Director, FX, said.
“EBS Market has long been the go-to venue for market-making banks to hedge their FX risk, and for other large FX market participants to access firm liquidity in an all-to-all CLOB.”
You may find it interesting at FinanceMagnates.com: Trading Technologies Strengthens Offerings with Abel Noser Solutions Acquisition.
TT Integration Supports Institutional Retail Access
Paul Houston, Global Head of FX Products at CME Group, stated that recent conditions have highlighted the role of firm, no last look pricing in supporting FX and metals trading. The development is part of TT’s FX expansion, aimed at facilitating cross-asset trading through electronic infrastructure.
Bowmoor, SummerHaven Adopt TT Futures TCA
Meanwhile, Bowmoor Capital and SummerHaven Investment Management have integrated Trading Technologies’ Futures Transaction Cost Analysis (TCA) platform to enhance trade performance and execution efficiency. The tool uses anonymized, microsecond-level futures trade data to provide customized analytics tailored to specific trading strategies.
TT’s Futures TCA addresses transparency gaps in futures markets by offering detailed post-trade analysis and market visibility. The product builds on TT’s acquisition of Abel Noser Solutions, which expanded its data and analytics capabilities. Upcoming features include pre-trade cost estimates based on historical data, further supporting execution optimization across futures trading.
This article was written by Tareq Sikder at www.financemagnates.com.Institutional FXRead More
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