The global credit network for institutions, Hidden
Road, has collaborated with Trading Technologies, a capital markets technology
platform provider, to offer clients a unified solution for trading a range of
asset classes. This partnership reportedly marks the first time Hidden Road has
provided an independent platform for cleared derivatives.
According to the press release, this collaboration
enables Hidden Road’s clients to use TT’s trading platform, which supports
traditional cleared derivatives as well as digital assets. The two entities
mentioned that the expanded cross-asset coverage will give Hidden Road’s prime
brokerage clients the ability to trade an array of asset classes.
Commenting about the new partnership, Michael Higgins,
the Global Head of Business Development at Hidden Road, mentioned: “As
Hidden Road continues to expand our product coverage – now including FX,
cleared derivatives, OTC derivatives and synthetics, digital assets and more –
offering our counterparties streamlined access to leading third-party
technology is a logical extension of our strategy.”
“TT is recognized throughout the industry for its
broad coverage and low latency, both of which align with Hidden Road’s modern
approach to quantitatively driven credit intermediation and multi-asset prime
brokerage.”
The TT platform enables users to manage the entire
lifecycle of various financial instruments. From order and execution management
to risk management and post-trade allocation, TT provides a solution designed
to meet the diverse needs of institutions. In 2023 alone, the platform handled
about 2.2 billion transactions, connecting to over 100 global exchanges and
liquidity venues.
Enhancing Institutional Trading
Last month, Trading Technologies launched two new services: TT Futures TCA for transaction cost analysis in futures trading and
TT Trade Surveillance for monitoring trading activities in multiple asset
classes.
The company mentioned that the new offerings will
significantly strengthen its capabilities in data analytics and compliance. TT
Futures TCA links the TT’s repository of anonymized futures trading data with
metrics and analytics. The service aims to provide a tool for analyzing and
optimizing futures trading strategies.
Additionally, Trading Technologies completed the acquisition of ATEO SAS, a provider of post-trade solutions for listed
derivatives, early this year. In the agreement, ATEO will operate as a managed
service hosted in Trading Technologies’ data centers. This acquisition enables
TT’s clients to access ATEO’s post-trade services to enhance operational
efficiency.
The global credit network for institutions, Hidden
Road, has collaborated with Trading Technologies, a capital markets technology
platform provider, to offer clients a unified solution for trading a range of
asset classes. This partnership reportedly marks the first time Hidden Road has
provided an independent platform for cleared derivatives.
According to the press release, this collaboration
enables Hidden Road’s clients to use TT’s trading platform, which supports
traditional cleared derivatives as well as digital assets. The two entities
mentioned that the expanded cross-asset coverage will give Hidden Road’s prime
brokerage clients the ability to trade an array of asset classes.
Commenting about the new partnership, Michael Higgins,
the Global Head of Business Development at Hidden Road, mentioned: “As
Hidden Road continues to expand our product coverage – now including FX,
cleared derivatives, OTC derivatives and synthetics, digital assets and more –
offering our counterparties streamlined access to leading third-party
technology is a logical extension of our strategy.”
“TT is recognized throughout the industry for its
broad coverage and low latency, both of which align with Hidden Road’s modern
approach to quantitatively driven credit intermediation and multi-asset prime
brokerage.”
The TT platform enables users to manage the entire
lifecycle of various financial instruments. From order and execution management
to risk management and post-trade allocation, TT provides a solution designed
to meet the diverse needs of institutions. In 2023 alone, the platform handled
about 2.2 billion transactions, connecting to over 100 global exchanges and
liquidity venues.
Enhancing Institutional Trading
Last month, Trading Technologies launched two new services: TT Futures TCA for transaction cost analysis in futures trading and
TT Trade Surveillance for monitoring trading activities in multiple asset
classes.
The company mentioned that the new offerings will
significantly strengthen its capabilities in data analytics and compliance. TT
Futures TCA links the TT’s repository of anonymized futures trading data with
metrics and analytics. The service aims to provide a tool for analyzing and
optimizing futures trading strategies.
Additionally, Trading Technologies completed the acquisition of ATEO SAS, a provider of post-trade solutions for listed
derivatives, early this year. In the agreement, ATEO will operate as a managed
service hosted in Trading Technologies’ data centers. This acquisition enables
TT’s clients to access ATEO’s post-trade services to enhance operational
efficiency.
