TT signs up with Calyon, hooks up to Nymex

Trading Technologies (TT) announced on 29 June it has signed a "software licensing agreement" with Calyon Financial.

The deal represents a new client for TT and is not a licensing deal extracted as part of its ongoing patent infringement efforts. A TT spokesperson said the agreement is simply an expansion of TT's customer base.

Sources familiar with TT have said that it would be to the firm's advantage to...