nyuuzyou/wikis huggingface dataset:
TTNET

TTNET is a fully managed global hosting solution from Trading Technologies. It enables FCMs, trading firms, banks and other institutions that prefer an outsourced solution to easily distribute trading screens around the world from TTNET hubs in Chicago, New Jersey, São Paulo, London, Frankfurt, Singapore, Tokyo and Sydney. Specially trained technicians handle all responsibilities of network administration, hardware configuration, infrastructure maintenance, data line management, upgrades, backups, security and user support. 
Key benefits of TTNET include:
*Global presence: Offer customers remote connectivity from practically any city in the world
*Operational freedom: Outsource hardware, software and data line management and focus critical resources on core business functions
*Optimal performance: TT staffs its network operations centers with top IT professionals and network engineers
*Financial flexibility: Reduce fixed costs and lower overall expenditures for hardware, applications and management
*Network redundancy and resiliency: Access a fast, highly resilient and redundant network with state-of-the-art monitoring
*Round-the-clock network maintenance: Get 24/7 maintenance of hardware, software and data lines by qualified TT technicians
*Speed to market: Get Internet customers up and running on TT software within hours
==Supported Exchanges==
TTNET provides immediate, scalable, seamless global market access via highly resilient, fully redundant connections to the leading international derivatives exchanges and electronic fixed income trading platforms including:
*Australian Securities Exchange (ASX)
*BM&FBOVESPA
*BrokerTec
*Bursa Malaysia (BMD)
*CBOE Futures Exchange (CFE)
*Chicago Board of Trade (CBOT)
*Chicago Mercantile Exchange (CME)
*CME Europe
*COMEX
*Dubai Mercantile Exchange (DME)
*Eris Exchange 
*Eurex
*European Climate Exchange (ECX)
*European Energy Exchange (EEX)
*GovEx
*ICE Futures Canada
*ICE Futures Europe
*ICE Futures U.S.
*IDEM
*Kansas City Board of Trade (KCBT)
*London Metal Exchange (LME)	
*London Stock Exchange Derivatives Market
*Mercado Español de Futuros Financieros (MEFF)
*Mexican Derivatives Exchange (MexDer)
*Minneapolis Grain Exchange (MGEX)
*Montréal Exchange (MX)
*NASDAQ OMX eSpeed (eSpeed)
*NASDAQ OMX NLX (NLX)
*NASDAQ OMX Nordic
*New York Mercantile Exchange (NYMEX)
*NYSE Liffe
*NYSE Liffe Amsterdam
*NYSE Liffe Brussels
*NYSE Liffe Lisbon
*NYSE Liffe Paris
*NYSE Liffe U.S.
*Osaka Securities Exchange (OSE)
*Oslo Børs
*Singapore Exchange (SGX)
*Tokyo Commodity Exchange (TOCOM)
*Tokyo Financial Exchange (TFX)
*Tokyo Stock Exchange (TSE)
TVIX

TVIX is the symbol for the VelocityShares 2x Long VIX Short Term Exchange note, managed by Credit Suisse Group AG. The Credit Suisse ETN is designed to track stock-market volatility. It is linked to the Chicago Board Options Exchange Volatility Index (VIX). The ETN is designed to magnify the VIX's volatility, allowing investors to make or lose twice as much as the daily move in the VIX. 
FINRA began an inquiry into the TVIX and other Exchange-traded notes after the TVIX ETN lost half its value in just two days in March 2012. 
== References ==
Tadahiro Matsushita

__NOTOC__ 
Tadahiro Matsushita is a Japanese Lower House lawmaker and the current minister of state for the Financial Services Agency. He was appointed the position in June of 2012, replacing Shozaburo Jimi. 
== Background ==
Matsushita is a member of the People’s New Party and has been involved in the Japanese government since 1962, when he joined the Japanese ministry of construction. In June of 1992, he resigned from the ministry of construction. In July of 1993, he was elected to the House of Representatives of Japan and was reelected in 1996, 2000, 2003, and 2009. Matsushita was also chief director of the House of Representatives Committee on Agriculture, Forestry and Fisheries in Japan in 1999. 
Most recently, Matsushita served as Senior Vice Minister for Economy, Trade and Industry, having first been elected to the position in September of 2009.
== Education ==
Matsushita graduated from Kyoto University in March 1962 with a degree in agriculture.
== References ==	
Category:MarketsWiki Page of the Day
Tadashi Ezaki

__NOTOC__ 
Tadashi Ezaki is executive advisor to the Tokyo Commodity Exchange, as well as its former president and CEO. 
He led the exchange from 2009 to 2015, during which time he implemented a number of structural reforms, including the standardization of trading platforms and market rules, the development of new products, and the diversification of market participants. 
 
== Background ==
Ezaki previously served as president of Shoko Chukin Bank. Before joining the bank, Ezaki spent almost 35 years at the Ministry of International Trade and Industry (now known as the Ministry of Economy, Trade and Industry). During his tenure at the Ministry, he held several senior positions, including director-general, agency of natural resources and energy and director-general industry policy bureau.
He was an adviser to Nomura Research Institute, Ltd. from Oct. 1999 to June 2001, and an adviser to Japan Economic Foundation from Sept. 1999 to June 2001.
== Education ==
Ezaki graduated in 1965 from the University of Tokyo with a degree in Law. 
== References ==
Category:Bios - Executives
Category:Japan
Category:Tokyo Commodity Exchange
Tae Seok Yoo

__NOTOC__ 
Tae Yoo is an executive at the Hong Kong Exchanges and Clearing Ltd. He is responsible for fixed income and currencies and client business development.
Yoo has held a number of senior positions with HKEx since moving over from the CME Group in 2011.
== Background ==
At the CME Group, Yoo was director and head of strategic sales and Special Advisor to the Chief Operating Officer in Asia among other roles. At HKEx, he has also held the roles of senior vice president , platform development & sales, and managing director, head of product and index development.
Yoo began his career with Goldman Sachs Execution and Clearing on the CBOT and CBOE trading floors. He also worked for Sumitomo, Sakura Dellsher in Chicago.
== Education ==
He holds a bachelor's degree in accounting and computer applications from the University of Notre Dame. Yoo also holds a masters in business administration from the Stuart School of Business at the Illinois Institute of Technology, and GSAL program at the University of Chicago, Graduate School of Business. He has been named an inventor on nine U.S. patents on derivatives risk management applications.
== References ==	
Category:Sakura Dellsher - Former Employees
Category:CME Group - Former Employees
Tagomi

Tagomi is an electronic agency brokerage service that launched on December 17, 2018. Tagomi focuses on serving institutions with large cryptocurrency transactions. Tagomi was acquired by Coinbase in 2020.
== Products and Services ==
The brokerage's goal is to provide best-execution for its customers. Although this concept is still developing in the cryptocurrency space, Tagomi's COO said in an interview with The Block in 2018 that best-execution "is a little more nuanced. We have to look at best price and best liquidity. Getting access to all of this liquidity is difficult...it might not be easy to get connected to a venue where you can get that price but with Tagomi, you can access multiple venues from a single account, and get a much better price execution which represents the full market." Tagomi also offers its customers consulting services to help them execute trades with as little market impact as possible. With two distinct services for hedge fund and high net worth individuals and for active traders, Tagomi "streamlined execution" and "advanced trading" products. 
In September 2019, Tagomi announced a new service where it brokers bitcoin and Ethereum loans between Tagomi customers. The lending service is designed to facilitate Tagomi's customers' short selling of the cryptocurrencies. 
== Background ==
Tagomi, which is a privately-held company, has raised $15.5 million in funds as of May 2018, including an unspecified amount from Founders Fund, billionaire Peter Thiel’s venture-capital firm. Tagomi focuses on serving institutions with large cryptocurrency transactions. 
== Company History ==
In 2019, the New York State Department of Financial Services (NYDFS) awarded a BitLicense to Tagomi, making Tagomi the 18th business to have been issued such a license.
In February 2020, Tagomi joined Facebook's Libra Association, an organization that governs Libra's blockchain platform. The Association includes large tech firms like Lyft, Uber, and Spotify. In March 2020, Tagomi did an exclusive interview with the website Finance Magnates in which Tagomi's co-founder and Libra Delegate Jennifer Campbell, as well as Marc Bhargava, the company’s president and co-founder, on why they chose to join the Association. 
Libra changed its name to Diem on December 1, 2020. Tagomi's membership in the Diem Association was taken over by Coinbase after Tagomi was acquired in 2020.
=== Coinbase acquisition ===
In May 2020, Coinbase announced that it had acquired Tagomi, giving Coinbase the ability to automatically execute crypto trades valued in the millions of dollars, using Coinbase's holdings for liquidity. Tagomi co-founder Greg Tusar, as well as Tagomi's other co-founders, joined Coinbase in the acquisition as well.
== Key People ==
*Jennifer Campbell - Founder 
*Marc Bhargava - Co-founder 
*Greg Tusar - Co-founder, CEO 
*Venu Palaparthi - COO 
*Kevin Johnson - COO 
*Dhawal Sharma - General Counsel
==References==
Category: fintech
Category: digital assets
Category: cryptocurrency
Category: altcoins
Category: CryptoMarketsWiki
Tague Securities

Tague Securities Corp. is a Philadelphia-based options specialist and market maker firm founded by Barry Tague. Van der Moolen N.V., Amsterdam's leading market maker and interdealer broker, acquired an 80% interest in Tague Securities' business in January of 1999. The remaining 20% was held beneficially by key personnel. 
 
== History ==
Tague Securities was founded in the mid-1970's as a closely held, proprietary trading firm. The company became one of the largest specialist firms trading equity and currency options on the Philadelphia Stock Exchange ("PHLX") (which later merged with the AMEX).
== Products and Services ==
== Key People ==
== References ==
Category:Market Makers
Category:Options
Taipei Exchange

__NOTOC__
The Taipei Exchange, formerly known as the GreTai Securities Market (GTSM) is an over-the-counter market for Taiwanese securities. The GTSM forged links with two neighboring south-east Asian securities exchanges in 2009-10 to distribute Taiwanese investments around the region and connect Taiwanese investors to global markets.
Taipei Exchange is a Primary Member of CCP Global, the global association of Central Counterparties (CCP), which represents 42 members who operate more than 60 individual CCPs across EMEA, the Americas and the Asia-Pacific region. 
==History==
The Taipei Exchange was formed as the GreTai Securities Market in 1994, 12 years after the Taiwanese government re-introduced OTC bond trading and six years after the Taipei Securities Dealers Association (TSDA) began trading stocks OTC. In 2002, the GTSM began introducing listed derivatives contracts for trading and also joined the International Organization of Securities Commissions (IOSCO) as a full member and the World Federation of Exchanges (WFE) as a correspondent. 
In 2004, the GTSM entered a joint venture with the global financial information company Reuters to develop a new 10-year Government Bond Benchmark Index, calculated on a volume-weighted average method from total trading volumes and average yields on the GTSM's electronic trading systems. Five years later GTSM launched another partnership, this time with interdealer broker ICAP, to launch Taiwan-based trading of U.S. treasury bonds via ICAP's liquidity pools. The agreement integrates GTSM's bond-trading platform with ICAP's BrokerTec matching engine and followed the lifting in 2009 of restrictions on Taiwan-based trading of foreign-government bonds. 
THe GTSM was purchased by the government-owned Securities and Futures Financial Holding Co. on July 1, 2006, when it officially became known as OTC (although unofficially it was still called Gre Tai) as a corporation. The Taiwan Stock Exchange, Taiwan Futures Exchange and Taiwan Depository and Clearing Corp. were subsequently incorporated under the same ownership.
The GTSM signed a March 2010 memorandum of understanding with Bursa Malaysia to share training, technology and ultimately listings and trading platforms. GTSM signed an almost identical agreement with Bursa Malaysia's neighbor, the Singapore Exchange (SGX), in November 2009. That deal also included an agreement between the two exchanges to jointly list exchange-traded funds based on the exchange's stock index.
==Performance==
Market capitalization of OTC shares on the GTSM rose by almost 150% in 2009 to reach US$59.26 million while its benchmark index rose more than 130% to hit 150.05 on the last day of trading in 2009. Daily transaction volume for OTC shares on the GTSM climbed more than 58% compared to 2008, while warrant trading volume also set a single-year record. 
==Key people==
*Edith Lee, Managing Director and CEO
*Philip Chen, Chairman
==References==
Category:CCP Global Primary Members
Taiwan Securities Association

The Taiwan Securities Association (CTSA) was originally founded in February of 1956 as the Taipai Securities Dealer Association. In 1998, the association was incorporated and renamed the Taiwan Securities Association upon official approval of the Ministry of Interior.
The	Association new association consolidated	the Taipei	Securities	Association and Kaohsiung Securities Association on July	31, 1999 and December 31, 1999 respectively, and	became the only securities association	throughout Taiwan.	
The association is primarily involved in helping securities industry improve its competitiveness via facilitation the dialogue between industry and regulators and through research on new business and financial products.
Its mission is to coordinate the efforts among securities companies in Taiwan to promote the national economic development while coordinate the relations among member companies, to pursue the commonwealth of the society as well as protect the interests of investors.
 
== History ==
It was originally named the Taipei Securities Dealer Association and was located in Taipei city as a regional association. CTSA formally became a unique national securities association following the merger with Kaohsiung Securities Dealers Association on Dec. 31, 1999. Its membership included 156 securities firms and bank's securities divisions as on June 13, 2007, which operated a total of 1,029 branch offices in addition to their headquarters offices.
On Aug. 7, 2008 the Australian Financial Markets Association (AFMA) and the Chinese Taiwan Securities Association (CTSA) signed a memorandum of understanding to develop the relationship between the two entities, cope jointly with changes in international financial markets and to further develop the securities industry in the markets that each association represents.
== Membership ==
*TSA Member Companies 
== Key People ==
*Chairman, Min-Juh Huang, Chairman of SinoPac Securities
*Vice Chairman, Long-chi Jong, Chairman of China Trust Securities
*Vice Chairman, Kwang-hsiung Wu, Chairman of Taiwan Securities
 
== References ==
Category:Industry Associations
Taizo Nishimuro

__NOTOC__ 
Taizo Nishimuro was a Japanese businessman who served as the chairman of the board of the Tokyo Stock Exchange Group (TSE), Inc. He was also a member of the board of directors for International Business Machines (IBM) and an adviser to the board of Toshiba Corporation. He died in 2017 at the age of 81.
Nishimuro was named chairman of the board of the Tokyo Stock Exchange (TSE) in June 2005. He concurrently served TSE as president and chief executive officer from December 2005 to June 2007.
In 2008, Nishimuro, along with exchange president Atsushi Saito, took a 30 percent salary cut for a month following a futures trading system glitch. The exchange also cut the pay of TSE senior managing director Yasuo Tobiyama and managing director Yoshinori Suzuki by 20 percent for one month. 
== Background ==
Nishimuro was president and chief executive officer of Toshiba Corporation between June 1996 and June 2000 and subsequently served as chairman of Toshiba between June 2000 and June 2005. 
He was credited with steering Toshiba's videodisk system towards becoming the world standard, winning over a format proposed by Sony and Philips N.V.
With the help of a surgical procedure in the U.S. while working for Toshiba, he dealt with a degenerative muscular disease. He was quoted in a Business Week article as saying that his encounter with the "Western scientific approach" helped him develop an appreciation of Japan's reliance on consensus and the Western appreciation of risk-taking. 
== Education ==
Nishimuro received his B.S. in economics from Keio University.
== References ==	
Category:Bios - Executives
Category:Tokyo Stock Exchange
Category:Deceased
Takamichi Hamada

__NOTOC__ 
Takamichi Hamada is the president and CEO of the Tokyo Commodity Exchange (TOCOM). He took over that role in June of 2015. He was previously executive vice president and COO of TOCOM. He returned to TOCOM in that role in 2014 after nearly 14 years, having previously been president of the exchange.
== Background ==
Hamada was previously senior executive officer at Fuji Electric Holdings, starting in June 2008. Before that he was the chairman of Venture Enterprise Center. 
He did a previous stint as president of TOCOM starting in Oct. 2002. 
His previous roles include first secretary at the Consulate of Japan in the United Arab Emirates; director of energy policy planning at the Director-General's Secretariat of the Agency of Natural Resources and Energy; director general, commerce, industry & labor division, Kagoshima Prefecture Office; and deputy director-general at the Industrial and Science Policy Environment Policy Bureau (METI). 
== Education ==
He graduated from Tokyo University with a degree in Economics.
== References ==
Taker-maker pricing model

The Taker-Maker market model is a pricing structure used by financial exchanges, including MIAX Sapphire, to incentivize liquidity and optimize trading activity. This model is a variation of the more commonly known Maker-Taker model, and it reverses the traditional roles of fee and rebate allocation.
== Overview ==
In the Taker-Maker model, liquidity takers are charged lower fees or even receive rebates for executing trades, while liquidity providers, or makers, are charged fees for placing orders that add liquidity to the market. This model is designed to encourage more active participation from liquidity takers, thereby increasing trading volume and market efficiency.
== Key Features ==
* Liquidity Takers: Traders who execute market orders that are immediately matched with existing orders in the order book. In the Taker-Maker model, these traders benefit from lower fees or receive rebates, incentivizing them to engage more frequently in trading activities.
* Liquidity Makers: Traders who place limit orders that add liquidity to the market by resting in the order book until matched. In contrast to the Maker-Taker model, liquidity makers in the Taker-Maker model are charged fees for their orders.
* Fee Structure: The Taker-Maker model alters the traditional fee structure by rewarding liquidity takers, which can lead to increased market activity and tighter bid-ask spreads.
== Application in MIAX Sapphire ==
MIAX Sapphire, a national securities exchange operated by Miami International Holdings, employs the Taker-Maker pricing model as part of its strategy to enhance liquidity and trading efficiency. This approach aligns with the exchange's goal of meeting the high-performance demands of the U.S. options industry.
==Advantages and Criticisms ==
=== Advantages ===
* Increased Trading Volume: By incentivizing liquidity takers, the Taker-Maker model can lead to higher trading volumes and more dynamic markets.
* Improved Market Efficiency: The model can contribute to tighter bid-ask spreads and better price discovery, benefiting all market participants.
=== Criticisms ===
* Potential for Pricing Distortions: Critics argue that the Taker-Maker model may distort true market prices by encouraging excessive trading activity focused on capturing rebates or minimizing fees.
* Impact on Liquidity Providers: The model may deter some liquidity providers due to the fees charged for adding liquidity, potentially affecting the overall depth of the market.
== References ==
Category:Financial Markets
Category:Options Exchanges
Category:Market Structure
Category:Trading Strategies
Category:Miami International Holdings
Category:Electronic Trading
Category:Market Microstructure
Category:Liquidity Provision
Tal Cohen

__NOTOC__ 
Tal Cohen is co-president at Nasdaq. He is responsible for Nasdaq’s North American and European Market Services businesses as well as the company’s portfolio of marketplace technology, surveillance, risk management and regulatory reporting solutions. 
Cohen joined Nasdaq in April 2016 as senior vice president of North American Equities after the exchange acquired Chi-X Canada, where he served as CEO of Chi-X Global, then a wholly owned subsidiary of Instinet Inc. He was appointed to the position on September 7, 2010.
== Background ==
Cohen previously served as CEO of Chi-X Global's Americas business, which includes Chi-X Canada and the BVMF joint venture, Chi-FX Brazil. For nearly ten years before moving to Chi-X Global, Cohen held a variety of senior roles with Instinet, including head of Instinet Canada Limited, head of U.S. Business Development and Strategy, and multiple global product management positions. Before joining Instinet, he served as M&A Manager at American Express and before that as senior business advisor at Arthur Andersen.
== Education ==
Cohen holds a B.A. from SUNY Albany and an M.B.A. from New York University's Stern School of Business and is a Certified Public Accountant.
==References==
Category:Bios - Executives
Category:Chi-X Global Inc. - Former Employees
Tammy Botsford

__NOTOC__ 
Tammy Botsford is executive director at JPMorgan. She was previously vice president and assistant general counsel at the company, having joined in that role in March 2013.
She was previously senior vice president and general counsel at Penson Futures, and then joined Knight Futures when Penson was sold to Knight in August 2012. 
== Background ==
Botsford began her career at Value Line, Inc. and moved from there to positions at Goldman Sachs and Smith Barney. She worked for 10 years at Morgan Stanley most recently as vice president and counsel with responsibility for futures and commodities sales and trading support before moving to the Futures Industry Association in 2008. At the FIA, Botsford was responsible for facilitating the industry's legislative and regulatory initiatives including lobbying congress on energy and regulatory reform as well as corporate law issues.
Botsford is an active member of the American Bar Association, the Center for Association Leadership and continues to be involved with the Futures Industry Association.
== Education ==
Botsford graduated from Montclair State University with a Bachelors of Arts in Spanish. She went on to receive her law degree from Fordham University School of Law in 2004.
== John Lothian News Interview ==
Tammy Botsford, vice president and deputy general counsel at Penson Futures, spoke with John Lothian News (JLN) editor-in-chief Jim Kharouf about the Dodd-Frank Act and the current status of the reform process. Botsford also spoke about rule proposals on position limits, credit ratings and segregated funds, as well as the costs of regulation and how new rules will likely be rolled out for market participants. Published July 6, 2011.
== Resources ==
LinkedIn Profile
== References ==	
Category:Lawyers
Category:General Counsels
Category:Brokerage Firm Executives