SIX Telekurs, a leading global financial information provider, has announced today that live trading data from Qatar Exchange is available to investors across the globe via its platform.
The real time service, featuring last trade for Equities, is sourced via the Secure Financial Transaction Infrastructure (SFTI) network, a connectivity solution that provides direct access to this rapidly growing Middle East market.
As the first financial information provider to access Qatar Exchange's newly launched SFTI connectivity, SIX Telekurs' clients in the US, Europe and Asia will benefit from the resilience and enhanced liquidity provided by Qatar's SFTI connection. Qatar Exchange plans to launch additional markets, including bond, ETF and derivatives markets. This would enable global financial institutions to participate further in the Gulf region's impressive growth.
"We are delighted to work with Qatar Exchange to forge this unparalleled view on Middle East equities," explained Ivo Bieri, Head of Product Management & Marketing, SIX Telekurs. The connectivity will yield low barrier market access in terms of technology and costs. "This collaboration is driven by global demand to participate in Qatar's increasingly secure and transparent market place," continued Bieri.
"Our connectivity with SIX Telekurs is significant in its potential to enhance our global visibility", said Andre Went, Chief Executive Officer of Qatar Exchange. "The company has a global footprint and we're very pleased to have the exchange's real time data available via their platform. It is the first example of a customer in Europe benefiting from the infrastructure developed by QE. We expect to see further use of SFTI by orderflow providers using the direct market access facility," added Went.