Students in our Financial Trading course love the Trading Technologies software simulator. Several commented that they had used the X_TRADER software in a summer internship and planned to use it again after graduation
BOCA RATON, Fla. (PRWEB) March 12, 2008
Through the program, TT donates its X_TRADER(R) derivatives trading software to universities and colleges for use in classrooms and laboratories. The schools have access to all X_TRADER components, including MD Trader(R), Autospreader(R), Autotrader(TM), the X_TRADER API and more than 40 plug-in applications, to learn and apply textbook theories in a simulated trading environment. TT connects to more than 20 global exchanges in North America, Europe, the Middle East and the Asia/Pacific region, which allows students to work with a variety of markets and asset classes. TT's software is utilized in undergraduate and postgraduate programs, including finance, financial engineering, computer science and engineering, to:
-- Demonstrate electronic markets on X_TRADER during classes
-- Create a simulated trading environment where students can become familiar with the mechanics of electronic trading using recorded price data
-- Enable financial engineering applications, such as "black box" development
-- Serve as a platform to develop computer science applications with the X_TRADER API
"Trading Technologies has brought a real-life commercial trading platform to the desktops of Villanova students," said James S. Jablonski, Finance Lab Coordinator/Professor at Villanova University. "Villanova School of Business students are more excited about learning when using TT's software because they know they are using the same platform that they will use when they enter the workforce."
"Students in our Financial Trading course love the Trading Technologies software simulator. Several commented that they had used the X_TRADER software in a summer internship and planned to use it again after graduation," said Tyler Shumway, Director of the Tozzi Electronic Business and Finance Center and Associate Professor of Finance at the University of Michigan's Ross School of Business. "As an instructor, I appreciate the realism of TT's simulator. I think it really helps students see how different types of orders work, how a limit order book is structured and how prices are set."
"Through this program, Trading Technologies helps students begin to understand and harness the power of the derivatives markets. We are honored to work with these innovative universities as they educate future marketplace participants and leaders," said Harris Brumfield, CEO of TT.
More than 400 X_TRADER licenses have been donated to higher education institutions in the U.S. and Europe since TT's University Relations Program launched in late 2006. Other participants include DePaul University, Illinois Institute of Technology, Kent State University, Purdue University and University of Illinois.
X_TRADER, TT's flagship order-entry product, is the premier front-end solution for professional derivatives traders, brokers and market makers. It incorporates single-action trade execution, high-speed connectivity to the world's largest futures exchanges, real-time trade and position details and the patented MD Trader, a vertical market depth display that allows immediate reaction to market ebb and flow.
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.