Trading Technologies establishes new FX business line

July 2023 in News Headlines

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, has established a new FX business unit, TT FX, and appointed industry veteran Tomo Tokuyama to lead it. TT FX represents the firm’s latest expansion into new asset classes, following its acquisition in March of AxeTrading, a leading global provider of fixed income trading solutions. Tokuyama will manage the new business line with initial focus on the hiring of other key talented FX industry product and technology experts, connectivity to major electronic communication networks (ECNs) and liquidity providers, and the delivery of advanced FX trading capabilities through TT’s execution management system (EMS). Tomo Tokuyama said: “I have long believed that technology will continue to advance and shape the future of FX trading through greater focus on automation and data. I’m pleased to join a firm that not only shares that view but listens carefully to clients to deliver innovative tools and access to markets that traders and firms actually want. FX is in high demand by TT clients, and I’m excited about the opportunity to further shape the FX strategy and deliver a product that TT clients will be proud to use.”