TT connects to Sydney Futures Exchange through Singapore hub
09 October 2007 | 1674 views | 0
Source: Trading Technologies
Trading Technologies International (TT) announced today that TT has expanded market access to the Australian Securities Exchange's (ASX's) Sydney Futures Exchange (SFE) market with a new connection through the TTNET hub in Singapore.
TTNET, TT's fully managed hosting solution, has offered direct connectivity to SFE through its primary hub in Chicago for more than a year. The new Singapore connection provides TT's customers with another low-latency path to the exchange for high-performance order routing and execution.
TT first established connectivity to SFE in March 2006 and remains the only Independent Software Vendor (ISV) that provides a facilities-managed solution with a direct link to the exchange's trading network. Regional connectivity to SFE in Singapore will further optimize the transmission of prices and orders from and to the exchange.
"This new regional connection to SFE through TTNET in Singapore supplies our customers with another critical edge in electronic order routing and execution," said Paul Stonham, Managing Director, Sydney Sales for TT.
"SFE has been experiencing significant customer demand out of South-East Asia with an annual growth rate in excess of 70%," said Jeremy Johnston, ASX's General Manager of International Sales. "The TTNET connection from Singapore expands the technology solutions available to SFE customers and brings them closer to one of the most liquid markets in Asia."