New York, New York 2/12/2010 4:55:00 AM
News / Business

Titan Trading (TSCX VENTURE: TTA)(OTCBB: TITAF) Establishes Proprietary Trade Desk

Titan Trading Analytics Inc. (TSX VENTURE: TTA) (OTCBB: TITAF) recently reported that its wholly owned subsidiary, Titan Holdings USA LLC  has opened an institutional proprietary trading desk in New York, NY. The trading desk comprised of 4 proprietary traders is managed by TTU and utilizes Titan's Trading Technologies and Money Management modeling.

 

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Phil Carrozza, President of Titan stated, "This is an extremely active time for our company. Over the last 3 months we have added an institutional client, G-2 Trading LLC of New York, added to our initial $5 million Compo equity account and relationship by establishing an institutional foreign exchange trading account with Compo; and most recently the formation of an institutional proprietary trading desk in New York funded by G2. We look forward to the continued growth in each of these areas along with the addition of successive revenue streams."

 

Titan Trading Analytics Inc. is a premier software developer and through its wholly owned subsidiary, Titan Trading USA LLC, a provider of investment analysis, investment management and automated trading solutions for institutional investors and selected groups around the world. Titan Trading Analytics Inc. has developed an electronic trading and financial analysis software platform designed to capture and analyze real-time market tick data and then execute trades based on the software's algorithmic calculations. This flagship product is a uniquely powerful and cutting edge automated trading platform. Titan Trading USA LLC utilizes these systems with proprietary models developed, tried and tested over many years to manage assets for selected groups in global markets. Titan has internally developed products and services that are at the forefront of the high growth global investment management and trading industry.

 

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