Trading Technologies International (TT) takes trading way beyond the lunchtime swap of your tuna salad for my peanut butter and jelly. Founded in 1994, the company develops trading software for derivatives and futures traders, worldwide exchanges, money centers, hedge fund traders, securities brokers, and others. TT's X_TRADER platform connects traders to world exchanges, enabling fast and secure order entry, automated order management, vertical market display, and trade execution. Other products include the X_RISK risk management software and the TT Trainer training simulation tool. The company also offers outsourced network maintenance and support services. It has offices in the US, Europe, Asia, and Brazil.
The company has invested heavily in adding new features and functionality to its trading tools, including enhancing its Autospreader and Autotrader tools as well as incorporating new features into its core X_TRADER platform. TT further expanded the capabilities of its product line in 2010 when it acquired Chicago-based TickIt Trading Systems, a developer of automated trading software founded in 2009.
TT supplements sales of its X_Trader software with royalties and licensing fees on some 200 patents. The company has filed patent infringement lawsuits against rivals in a bid to become the dominant player in the electronic trading software market. Since 2004, when TT got its first patent and filed its first lawsuit, the company has racked up a number of court settlements. It filed a dozen lawsuits in 2010, with many companies agreeing to settle rather than pay the costs of extended litigation. – less
5 salaries reported
$5,000 per month
4 salaries reported
$128,676 per year