Accounting and Financial Software
Calyon Financial to Offer Connectivity to Asian Futures Exchanges via Trading Technologies
SINGAPORE, Oct. 3-- Calyon Financial and Trading Technologies International, Inc. (TT) today announced that Calyon Financial will offer trading access to futures on seven key Asian exchanges via the Trading Technologies X_TRADER® platform.
Calyon Financial has used TT's FIX Gateway to successfully connect TT's full suite of X_TRADER trading tools to Frontiers, the brokerage firm's proprietary Asian futures trading system. Calyon Financial clients can now use TT's X_TRADER to trade futures on the Tokyo Stock Exchange, Osaka Stock Exchange, Tokyo Financial Exchange, TOCOM, Hong Kong Exchange, Korea Exchange, and the Singapore Exchange.
Leslie Sutphen, Global Head of E-Brokerage Strategy/Implementation for Calyon Financial, said, "It's important for us to offer fully functional trading access to these Asian markets for our customers. It's equally important to be able to offer our customers the benefits provided through TT's X_TRADER."
The X_TRADER tools now available for Asian markets include TT's MD Trader® vertical market depth display and order-management tool, the Autospreader® and Autotrader(TM) automated trading tools, and 30+ plug-in applications including Navigator(TM), which supports smart order routing.
"X_TRADER users can now get instant, unprecedented access to the major Asian markets through Calyon Financial. Based on the demand for our product in Asia and the future prospects for growth, we expect to see strong take-up of X_TRADER as a result of this relationship," said Harris Brumfield, CEO of Trading Technologies.
Futures volumes in Asia have increased nearly 50 percent year to date. Some of Asia's most liquid contracts such as the Nikkei 225 Index futures, the Japanese Government Bond, the Euroyen, and the Hang Seng Index future will now be accessible via Calyon Financial to the growing Trading Technologies trading community.
Calyon Financial and TT are jointly marketing this expanded Asian access.
About Calyon Financial
Calyon Financial ( www.calyonfinancial.com/ ) is a leading global brokerage firm dedicated to providing institutional clients efficient access to all major markets. The firm ranks among the top futures commission merchants in the world and has access to over 60 financial and commodity exchanges. Headquartered in Chicago, Calyon Financial has a presence in 16 major global financial centers. Calyon Financial is a wholly owned subsidiary of Calyon S.A. ( www.calyon.com/ ), the corporate banking arm of Credit Agricole. Calyon is a major player in financial markets and among Europe's leading corporate and investment banks. Credit Agricole and Calyon each hold AA credit ratings.
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 X_TRADER® software and related services provide direct access to the world's major derivatives exchanges. TTNET(TM), TT's Application Service Provider (ASP)/hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London and Frankfurt. Additional data centers are planned for Tokyo, Singapore, Hong Kong and Sydney. Headquartered in Chicago, Trading Technologies maintains a worldwide presence with offices in New York, Houston, London, Frankfurt, Singapore, 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.
CONTACT:
Barry Neumann,
Calyon Financial Corporate Communications,
+1-312-441-4564,
or barry.neumann@calyonfinancial.com ,
or Drew Mauck of Strategics for Trading Technologies,
+1-312-346-2005,
or dmauck@strategicsinc.com
Web site: www.tradingtechnologies.com/
http://www.calyonfinancial.com/
http://www.calyon.com/
