Professional trading software provider, Trading Technologies International, Inc., announced this Tuesday that it has partnered with the Thailand Futures Exchange (TFEX) to launch colocated execution and client connectivity services to TFEX.
The agreement marks Trading Technologies’ platform’s entrance into Thailand. In particular, the services will connect the exchange’s proprietary EMAPI API from within TFEX’s SET Data Centre in Bangkok.
Under the partnership, clients of the infrastructure provider will have direct access to the exchange’s portfolio of listed derivatives. This includes futures, options, and options on futures in equities (stocks index and individual stocks), debt instruments, and commodities.
Furthermore, through the SET Data Centre in Bangkok, firms will be able to use the software provider’s Infrastructure-as-a-Service (IaaS) offering. Namely, this service provides access to the company’s low-latency global financial network.
Commenting on the partnership, Mark Pottle, Regional Executive Sales Director for Trading Technologies in Asia, said: “The expansion of the TT platform into Thailand to include TFEX reflects the continued growth and demand of our customer base across Asia.”
“TFEX presents an exciting new market for our customers to trade. Through colocation at TFEX coupled with in-country support for our product offerings, including API connectivity, Autospreader®, ADL® and synthetic TT Order Types, we are providing something completely unique for both the Thailand-based trading community and our international clients. This level of service just continues to reflect our level of commitment in Asia.”
Trading Technologies continues APAC expansion
By partnering with TFEX, Trading Technologies now has 51 different global markets available through its platform. From this number, 16 venues are in the Asia Pacific region.
“Having Trading Technologies support access to TFEX is an exciting addition for the exchange. This addition will provide a new high-performance route for the international trading community. With TT supporting colocation services, the accessibility to new technologies and new functionality will reach the wider Thailand trading community across the board,” added Dr. Rinjai Charkornpipat, Managing Director of TFEX.
(Photo: Wikimedia Commons)