Thursday 12 March 2015

Nasdaq Introduces TT As Nfx's Proffesional Trading Software


KUALA LUMPUR, March 12 (Bernama) -- Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, is to introduce connectivity to Nasdaq Futures (NFX) through both its TT and X_TRADER® platforms.

Through NFX, Nasdaq will expand its commodities business with futures and options on key energy benchmarks including oil, natural gas and U.S. power, which will launch in 2015.

The TT connection would provide trading community with more choices for investing in energy derivatives, improving price discovery and providing deeper liquidity, said Nasdaq in a statement issued today in Boca Raton, Florida, the United States.

With the NFX, TT continues to expand its offering to provide access to 42 markets including Nasdaq's European commodities markets, Nasdaq NLX and Nasdaq eSpeed.

"Our connection to TT will provide global energy market participants not only tools to execute their strategies but also the ability to hedge in a more cost efficient manner with access to our suite of energy benchmark products.

"TT's relationship with Nasdaq spans our markets across the globe, and we will now offer the trading community additional choices and trading opportunities for strategies across key assets," explained Hans-Ole Jochumsen, President of Nasdaq in the same statement.

Nasdaq's Global Commodities business offers trading and clearing solutions for various related assets including power, natural gas and carbon emission markets, tanker and dry cargo freight, fuel oil, seafood derivatives, iron ore, electricity certificates and clearing services.

With market makers, liquidity providers and competitive fees, Nasdaq provides a liquid, transparent and efficient marketplace, which appeals to all types of trading entities.

--BERNAMA 
 
http://www.bernama.com/bernama/v8/newsindex.php?id=1116441

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