FEX Global to distribute the TT platform to market participants
The Asian-based energy and commodities futures exchange FEX Global Pty. Limited (FEX) and Trading Technologies International, Inc. (TT), a provider of high-performance professional trading platforms, today announced that FEX has contracted with Trading Technologies to provide the exchange’s trading participants with the company’s next-generation TT trading platform.
The TT platform provides secure, high performance, go-anywhere market access and trade execution through the software-as-a-service (SaaS) delivery model. TT will allow trading participants to access the FEX Global markets for commodity and energy futures contracts.
Tom Price, CEO of FEX Global, commented, “This agreement will enable trading access to our market from launch for our clients. The new TT platform will enable our clients to access and utilize the key benefits of TT, which features a fully integrated suite of sophisticated trading applications and high-performance trading tools through a significantly simplified infrastructure environment.”
“This agreement with FEX provides further validation for our next-generation technology,” commented Rick Lane, CEO of Trading Technologies. “TT will facilitate broader market access to FEX’s energy, commodity and environmental futures and options products by allowing FEX market participants to trade from virtually any location and device using our robust professional trading tools. At the same time, this collaboration with FEX will help accelerate distribution of TT in the Asia/Pacific region, where we are seeing strong demand for our new technology.”
