TT expands connectivity to ASX
Trading Technologies (TT) has connected to Australian Securities Exchange (ASX) via its Singapore hub, allowing Asian traders the ability to trade on the Oceanic exchange.
The US ISV had previously only offered access to ASXs Sydney Futures Exchanges (SFE) through its Chicago hub, which connected in March 2006.
In a statement TTs managing director, Sydney sales, Paul Stonham described the connection as supplying a critical edge to TTs customers.
Jeremy Johnson, ASXs general manager of international sales, hailed the connectivity as it allows access for enthusiastic Asian traders. SFE has been experiencing significant customer demand out of South-East Asia with an annual growth rate in excess of 70%, he said. The TT Net connection from Singapore expands the technology solutions available to SFE customers and brings them closer to one of the most liquid markets in Asia.
Found this useful?
Take a complimentary trial of the FOW Marketing Intelligence Platform – the comprehensive source of news and analysis across the buy- and sell- side.
Gain access to:
- A single source of in-depth news, insight and analysis across Asset Management, Securities Finance, Custody, Fund Services and Derivatives
- Our interactive database, optimized to enable you to summarise data and build graphs outlining market activity
- Exclusive whitepapers, supplements and industry analysis curated and published by Futures & Options World
- Breaking news, daily and weekly alerts on the markets most relevant to you