Trading Technologies Connects to Sydney Futures Exchange
CHICAGO and SYDNEY, May 23 /-- Trading Technologies International, Inc. (TT) and Sydney Futures Exchange (SFE) today announced TT has launched a high-speed connection to SFE. This new exchange gateway allows TT customers to trade SFE's Australian and New Zealand markets through TT's X_TRADER(R) order-entry software. The SFE gateway is compatible with X_TRADER 7, the latest version of TT's popular order-entry software launched in January 2006. The initial release supports the following products:
o Single stock futures
o Stock index futures and options, interest rate futures and options, interest rate strips and spreads
o Single session options
o Electricity futures, strips and options on strips and futures
o Currency futures
o Commodity futures and options on strips and futures
"We beta tested TT's new SFE connection with X_TRADER to trade the SFE SPI 200(TM), Bonds and Bank Bills and found the new gateway to be fast and reliable. We feel the combination of TT's new SFE gateway and X_TRADER's sophisticated yet intuitive functionality will give our traders an advantage," said Nick Scarf, CEO of Sydney-based BrokerOne.
"This connection to Sydney Futures Exchange means more trading opportunities for TT's customers around the world. We feel it will be especially appealing to our X_TRADER users in Australia and New Zealand, who now can use one trading platform to access their local exchange alongside the major US, European and Canadian futures markets," said Harris Brumfield, TT's CEO.
"We have seen significant demand for TT's services, particularly from the high velocity traders in the proprietary, CTA and hedge fund sectors. We feel the inclusion of TT amongst our range of ISVs will provide even greater choice for these users when trading SFE products," said Jeremy Johnston, General Manager, Sales and Marketing with SFE.
TT's fast, reliable exchange connections enable trading of the world's major futures exchanges as well as energy, foreign exchange, fixed income and other instruments. All TT gateways are accessible from TT's X_TRADER order- entry screen and through TT's FIX Adapter.
About Trading Technologies
Trading Technologies ( www.tradingtechnologies.com/ ) develops high- performance trading software for derivatives professionals, including the world's premier exchanges, money-center banks, proprietary traders, securities brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company's software and services provide direct access to the world's major derivatives exchanges. Headquartered in Chicago, Trading Technologies maintains a worldwide presence with offices in New York, London, Frankfurt, Hong Kong, Tokyo and Sydney. In 2004, Trading Technologies was named the best technology company to work for in Chicago by Chicago magazine and ranked third among all Chicago area employers. In 2006, TT received the prestigious Lighthouse Award from the Illinois Information Technology Association (ITA) as the leading technology company in Illinois.
About Sydney Futures Exchange (SFE)
The Sydney Futures Exchange ( www.sfe.com.au/ ) is one of the largest financial futures and options exchanges in the world, trading more than 64 million contracts in 2005 over four major markets -- equities, interest rates, commodities and energy. In March 2006, SFE experienced the largest monthly transacted volume in its history with its benchmark products all setting new records.
SFE benchmark contracts include
o 90 Day Australian Bank Accepted Bill Future
o 3 Year Australian Treasury Bond Future
o 10 Year Australian Treasury Bond Future
o SFE SPI 200(TM) Index Future
SFE is easily assessable through a global electronic communications network available 24 hours a day. In 2005, SFE hubs in US, Europe and Asia generated a 50% increase in offshore volumes. This increased liquidity, accessibility and growth enables SFE to offer greater opportunities to diversify.
Source: Trading Technologies International, Inc.
CONTACT: Drew Mauck of Strategics, For TT, +1-312-346-2005, dmauck@strategicsinc.com , or Jeremy Johnston, General Manager, Sales & Marketing of SFE, +61 2 9256 0504, jjohnston@sfe.com.au
Web site: www.tradingtechnologies.com/
http://www.sfe.com.au/
