Best Buy-Side Commodities Trading Platform
BOCA RATON, Fla. (PRWEB) March 12, 2008
Credit Suisse will leverage TT's fully managed hosting solution, TTNET, to distribute X_TRADER. TTNET accelerates customer access to international markets and provides a robust trading platform through its full failover and disaster recovery data centers situated in strategic locations close to the various exchanges. TT operates data centers in Chicago, New Jersey, London, Frankfurt, Singapore and Tokyo with plans to add additional facilities in Hong Kong and Sydney.
Salvatore Ventura, Head of the Services Organization for Credit Suisse Prime Services, said, "Our major energy and commodity hedge fund clients in prime services demand high performance trading solutions and our partnership with TT enables us to provide an additional solution to meet their demands. TTNET provides a high performance solution that our customers require."
"We are very pleased to add Credit Suisse to our distribution network. We look forward to collaborating with them as they use our TTNET hosting solution to deploy TT's X_TRADER platform to their global prime services commodity hedge fund customers and internal traders," said Harris Brumfield, CEO of TT.
About Trading Technologies
Trading Technologies (http://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(R) software and related services provide direct access to the major international derivatives exchanges. X_TRADER 7.4, the current version of TT's trading platform, was named "Innovation of the Year" by FOW magazine and "Best Buy-Side Commodities Trading Platform" by Buy-Side Technology magazine in 2007. TTNET(TM), 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, London, Frankfurt, Singapore and Tokyo. Headquartered in Chicago, Trading Technologies maintains a global presence with offices in New York, Stamford, Houston, London, Geneva, Frankfurt, Singapore, Hong Kong, Tokyo and Sydney. Chicago magazine named TT the best technology company to work for and ranked TT third among all Chicago area employers. TT also received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) in 2006 as the leading technology company in Illinois.
About Credit Suisse
As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 45,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at http://www.credit-suisse.com.