This agreement will allow Morgan Stanley to expand its open platform electronic trading business by enabling clients to have access to Trading Technologies (TT) X_Trader order-entry software platform and technology solutions including TT’s FIX connectivity and high-speed exchange gateways. These technology solutions will be fully integrated with Morgan Stanley’s leading proprietary technologies and other third-party solutions to provide front-to-back full service for client listed derivatives activities.
TTNet is the hosted solution for TT software. TTNet accelerates customer access to international futures markets and increases trading platform stability through its fully redundant data centers situated in strategic locations close to the various exchanges.
Harris Brumfield, CEO of Trading Technologies, said: We look forward to working closely with Morgan Stanley to distribute X_Trader to their growing customer base via TTNet Morgan Stanley’s global presence, established relationships within the hedge fund community and dedication to offering best-of-breed technology solutions make them an ideal partner.