CHICAGO & SÃO PAULO--(BUSINESS WIRE)--Link Investimentos (Link), Brazil’s largest derivatives trading firm by volume, and Trading Technologies International, Inc. (TT), a leading provider of order-entry software and solutions for professional derivatives traders, today announced that Link has selected TT's low-latency, fully managed hosting solution, TTNET, to provide access to BM&FBOVESPA for institutional clients and internal execution desks. Link’s global customer base will gain access to TT’s full suite of order-entry software and server-based algorithmic execution tools through TTNET’s proximity hosted architecture. Gateways and server-based engines are colocated with the exchange’s matching engine to provide the optimal trading experience.
Link CEO Daniel Barros said, “TT is a leading provider of trading solutions; its global distribution and commitment to high-end technology is unique. Link Investimentos, as the leading agency-only provider of brokerage services in Brazil, is very optimistic about the growth potential of the Brazilian market and its partnership with Trading Technologies. The two firms share a similar business culture of total commitment to clients through superior customer service and state-of-the art technology.”
TTNET accelerates customer access to geographically diverse international futures markets and increases trading platform stability through its high-performance, resilient data centers. TTNET’s architecture enables firms to minimize latency by hosting TT’s high-speed exchange gateways and server-based execution tools as close to the exchange matching engines as possible. TTNET operates data centers in Chicago, New Jersey, London, Frankfurt, Tokyo, Singapore, Sydney and São Paulo.
TT's Strategy Engine (SE) family of server-based execution products harnesses proximity-based computing and delivers optimal performance, speed and resiliency to traders regardless of where they are located. Orders placed through an SE application are executed on a server located in close proximity to the exchange matching engine. Simply put, TT’s SE execution platform enables traders to trade from virtually anywhere in the world without experiencing the latency typically associated with remote trading. TT’s SE family currently includes two products, the Autospreader® Strategy Engine and the Synthetic Strategy Engine. TT expects to launch its third product, Algo Design Lab (ADL), in the fall of 2011.
Harris Brumfield, CEO of Trading Technologies, said, “We look forward to collaborating with Link as they leverage TTNET to distribute TT’s X_TRADER order-entry software and API solutions to their institutional client base. Link’s relationships within the Brazilian financial community and dedication to offering best-of-breed technology solutions make them an ideal partner.”
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world’s premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company’s X_TRADER software and related services provide direct access to dozens of the major international derivatives exchanges. TTNET, TT’s fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, São Paulo, London, Frankfurt, Singapore, Tokyo and Sydney. Headquartered in Chicago with 12 offices globally, TT has received “best in class” awards from numerous independent third parties including FOW, Buy-Side Technology, The Technical Analyst and Chicago magazines as well as the Illinois Information Technology Association (ITA).
About Link Investimentos
Link Investimentos, founded in 1998, is the leader in exchange-traded and fixed-income commodities in Brazil. This innovative and dynamic financial institution includes Brokerage, Wealth Management, Commodities, High Volume DMA and Research divisions, each focused on serving the needs of clients seeking sophisticated solutions and technology.
Link Investimentos’ operation desks in Stock and Derivatives markets act with commitment, transparency and efficiency in looking for the best deals for its clients. The objective is to structure profitable operations and consolidate long-term partnerships, based on trust and excellence.
Working with only its own professionals, who are highly identified with Link’s teamwork concept, desks are an extension of their clients. Their brokers act as consultants and provide support for the entire negotiation process, from the beginning to the liquidation of the operations.
Thus, Link has achieved hegemony in the Derivatives Market—for 10 years the Brokerage has been in the top of BM&F’s ranking, as well as standing out among the four largest stock brokers in Brazil.