22 August 2017
Find out more

ELX Futures joins Radianz network

06 October 2009  |  1468 views  |  0 Source: BT

BT today announced that ELX Futures, L.P. (ELX Futures), a new fully electronic futures exchange, has connected to the BT service known as the BT Radianz Shared Market Infrastructure to provide its participants with the ability to connect to its trade matching engines. ELX Futures joins over 60 other exchanges, ECNs (Electronic Communications Networks) and MTFs (Multilateral Trading Facilities) that are already connected to BT's dedicated financial services network.

ELX Futures, which is owned by leading global financial institutions, began live trading in July 2009. Initially, the exchange began trading U.S. Treasury futures contracts on two-year notes, five-year notes, 10-year notes and 30-year bonds, as well as calendar spreads. ELX Futures also plans to move into other major asset classes.

BT's award winning shared market infrastructure will allow ELX Futures to leverage the expansive global community on the network and capitalize on low-latency connectivity with its members.

Joseph Noviello of BGC Partners and Technology Architect at ELX Futures, said: "ELX Futures is pleased to partner with BT to utilize its Radianz Shared Market Infrastructure, which provides ELX Futures with a solution for seamless and effective connectivity to their existing and growing customer base. Integration with BT allows trading participants and market data vendors easy access to ELX by leveraging their existing BT Radianz Infrastructure."

Andy Nicholson, vice president, global banking & financial markets, BT, said: "The addition of ELX Futures to the roster of firms using our dedicated financial services infrastructure to distribute their services is an example of our continued efforts to extend the BT Radianz range of products across multiple asset classes and business processes. Our strategy is to work with leading content and service providers in the financial markets, and ELX Futures truly complements this effort."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.vasco.comdownload the paper nowvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
12571 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
11151 views comments | 22 tweets | 34 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
10327 views 0 | 6 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
10290 views comments | 10 tweets | 8 linkedin
Australia regulates digital currenciesAustralia regulates digital currencies
10229 views comments | 21 tweets | 34 linkedin