Holding Pattern: As Trading Technologies awaits new owner, the vendor adjusts development strategy
The Chicago-based futures trading platform recently rolled out a new OMS offering, while other projects, like its Echo Chamber market data platform, have been put on pause until a sale goes through.
The rumors that Trading Technologies (TT) was set to be acquired began last year, and the reports pegged Goldman Sachs as the leading candidate to buy the futures trading platform provider—and then those talks fell apart.
Even with that setback, the vendor, which is partly owned by Chicago-based investment firm The FSB Companies, is still very much on the block to be sold—and sources have indicated that a sale will likely happen soon, though the buyer’s identity so far remains a mystery. This
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Front-Office Tech
Waters Wavelength
Waters Wavelength Podcast: Episode 241 (Big Tech and the capital markets)
Wei-Shen and Tony explore the idea of big tech companies disrupting the traditional Wall Street vendors.
Subscribe to Weekly Wrap emails
Most read
- 9/11: the colleagues we lost, and the years that followed
- After lengthy fight, Bloomberg’s Figi recognized as official US data standard
- Sell side pushing for bilateral connectivity for fixed income
- Waters Wrap: Get ready for the low-code, no-code explosion
- Alt data’s second inning: Brace for a long M&A game