TT Targets Proximity-Based Trading Strategies

The new feature, which is set to go into beta testing in the next few months, will let users construct strategies and push them out to servers anywhere in the world using a graphical user interface (GUI), according to vendor officials.

"The objective is to try to get three feet away from the matching engine if possible," says Tom Haldes, senior product manager of automated trading at TT. "Although people know us as a screen provider, what we are doing with high-performance, high-frequency

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