Trading Technologies International has launched a new pre-trade risk management feature for its TT platform, enabling futures commission merchants (FCMs) and other sell-side participants to assess client margin usage before routing orders to market. The release comes as the firm presents the new capability during the FIA International Derivatives Expo (IDX) in London.
The new Pre-Trade Portfolio Risk functionality applies clearing house-calibrated margin methodologies in real time, allowing firms to validate whether a client’s existing portfolio allows for additional trades based on current buying power. According to the company, the tool provides a clearer picture of worst-case margin scenarios at the moment of order placement.
“How much margin has been consumed and how much buying power remains for trading”
Alun Green, EVP Managing Director, Futures & Options for Trading Technologies, commented, “This is a significant step forward in managing risk that will allow a wider range of users to benefit from the award-winning trading features available on the TT platform. Users will easily be able to see how much margin has been consumed by their existing portfolio and how much buying power remains for trading.”
The new tool supports multiple margining frameworks used by global derivatives exchanges, including SPAN, PRISMA, and value-at-risk models. It can be implemented at any account level, enabling granular risk control across firm-wide activity. The platform also integrates directly with exchange-provided risk parameter files, ensuring the most recent values are used in pre-trade validation.
Pre-Trade Portfolio Risk is designed to reduce the likelihood of margin breaches and overexposure while expanding opportunities for end-users who can now trade with greater transparency into their available limits. The functionality aims to strike a balance between risk management and operational flexibility for clearing firms and institutional clients.
In 2024, the TT platform processed more than 2.8 billion derivatives transactions. It remains the most widely used global platform for futures and options on futures, with growing adoption across asset classes. Earlier this year, Trading Technologies received the Derivatives Trading System of the Year award from Markets Media in the 2025 Global Markets Choice Awards.
The introduction of pre-trade portfolio-based risk controls extends TT’s suite of risk management tools and reflects the platform’s broader push into more dynamic, real-time risk systems aligned with exchange-level protocols. The launch is expected to support both existing clients and new participants seeking more precise risk-to-capital alignment when operating in fast-moving markets.