TT Unveils Strategy Studio

Trading Technologies International (TT) has launched TT Strategy Studio, a multi-asset algorithmic trading offering, via its TT Quantitative Trading Solutions (QTS) unit.

The new service provides a framework for developing, testing and deploying multi-asset automated trading strategies while keeping a firm’s intellectual property within its own control. It ingests market and execution venue data from providers in equities, options, futures and FX markets and also allows firms to access market data from TT or third-party vendors, execution venues, banks and clearing firms.

The firm says it connects to 70 marketplaces globally, and because it is already certified by all of these exchanges, TT ensures that trading strategies created using Strategy Studio follow applicable exchange rules and regulations in various jurisdictions.

Users can integrate historical data for running their strategies for historic full-depth back-testing and can compare back-testing to simulation to live trading. The customisable strategy parameters, commands and visualisation tools give users the ability to trade multiple asset classes through a single strategy and provide access to various parties within the organisation who may use it to trade, monitor performance in real time or ensure the strategy is meeting any regulatory obligations.

TT says the software can run all risk/reward ratios and millions of iterations on a strategy through its high-performance calculations. The user can route to a third-party smart order router (SOR) or build an SOR inside of the software.

“TT Strategy Studio is a powerful, commercial-grade offering that can save the largest, most sophisticated firms hundreds of developer hours,” says Joe Signorelli, TT’s EVP managing director, QTS. “It enables them to build alpha with access to full tick-by-tick back-testing with complete depth of market, live simulation through a built-in simulator and production trading for the most complex automated trading strategies on the market. They can leverage our hosted ultra-low-latency infrastructure, interface and tools to create, hone and execute their unique trading strategies at a substantial cost savings, while protecting their proprietary code – the intellectual property that is most treasured by trading firms.”