CHICAGO and BANGKOK, — Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and the Thailand Futures Exchange (TFEX) announced the launch of colocated execution and client connectivity services to TFEX, connecting via the exchange’s proprietary EMAPI API from within TFEX’s SET Data Center in Bangkok.
This extends the TT® trading platform into Thailand for the first time, providing TT’s global user base with direct market access to TFEX’s portfolio of listed derivatives, including futures, options and options on futures in:
- Equities: Stock index and individual stocks
- Debt Instruments: Bonds and interest rate
- Commodities: Precious metal, base metal, energy and agriculture
“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,” said Mark Pottle, Regional Executive Sales Director for Trading Technologies in Asia.
Through the SET Data Center, firms will also have the option to utilize TT’s Infrastructure-as-a-Service (IaaS) offering. IaaS allows clients to leverage TT’s low-latency global financial network and expert operations team for managed hosting and network services. TT’s managed services include both managed compute and hosted infrastructure, while network services include inter-data-canter connectivity, internet access and ecosystem connectivity.
“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,” said Dr. Rinjai Charkornpipat, Managing Director of TFEX.
The addition of TFEX to TT’s market portfolio brings the number of global markets available through TT to 51, including 16 venues in the Asia/Pac region. Earlier this year, TT announced the expansion of its Asia/Pacific execution network into Korea and China through deals with Samsung Futures in Seoul and CN First International Futures Limited in Hong Kong.
TT’s privately managed infrastructure spans five continents, delivering secure market access and superior performance from anywhere in the world. Designed specifically for professional traders, TT incorporates a broad array of customizable tools to accommodate trading strategies that range from manual point-and-click trading to low-double-digit microsecond automated order entry.
About Thailand Futures Exchange
Thailand Futures Exchange PCL (TFEX) is a subsidiary of The Stock Exchange of Thailand (SET). TFEX offers 10 products across a diverse range of asset classes covering financial, precious metal and agricultural products. Its flagship products are SET50 Futures, Single Stock Futures and Gold Futures. As of October 2019, the average trading volume in TFEX is around 410,000 contracts per day with the open interest at 3.7 million contracts. For more information, please visit www.tfex.co.th.