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Message: TickAnalyst Product Suite Executes Fully Automated Trades on N American Exchange
| June 3, 2009 |
| Titan Trading's TickAnalyst Product Suite Executes Fully Automated Trades on North American Exchanges |
| EDMONTON, ALBERTA--(Marketwire - June 3, 2009) - Titan Trading Analytics Inc. (TSX VENTURE:TTA) (OTCBB:TITAF) ("Titan") has completed development and testing of the second generation of its TickAnalyst software package. TickAnalyst X2, comprised of the signal-processing engine, database-management tools, and charting server applies event triggers and customized analytics across extensive amounts of streaming data, a process also known as Complex Event Processing ("CEP"). The CEP applies Titan's proprietary model-built logic to several North American exchanges in real-time. Titan's proprietary models are designed to perform in all market environments. Model examples include trending and non-trending (mean-reversing) versions with numerous variations of each. TickAnalyst X2 has enabled Titan Trading USA LLC ("TTU") to implement TTU's Internal Asset Management business model utilizing the US$5,000,000 received from Compo Investment Partners LP of New York. Updates on the status of this revenue and trading model will be made available to the market on a timely basis. Ken Powell, President and CEO of Titan stated "Automated trading activity utilizing Compo's $5,000,000 is a significant milestone for us to have achieved. Our software's functionality and scalability are no longer a concern to Titan's development and trading staff. TTU is comfortable with managing money in a production environment and we expect to generate cashflow during what our software considers to be proper market cycles. I wish to thank the shareholders and staff of Titan for their patience & support during what has been an extremely laborious time." About Titan 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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