Trading Technologies (TT), a derivatives solutions provider, has announced the release of TT API, an application programming interface enabling scalable trading applications on TT's larger X-Trader Pro platform.
The Chicago-based firm says the new API will provide low latency and better throughput than traditional interfaces. The interface provides support for multi-threaded development, including applications that are deployed through co-location. Meanwhile, complex synthetic orders managed on TT's Strategy Engine servers will be submittable via the API as simple orders.
"TT API is a welcome addition to the TT platform, offering developers the means of writing faster and more scalable trading applications. We concluded a successful beta test that involved more than a dozen firms in the U.S., Europe and Asia. After being put through its paces in a multitude of markets and conditions, it is now ready for general availability worldwide," says Tom Haldes, senior product manager with TT.
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