Global Markets Exchange Group, the operator of GMEX Exchange, has selected Trading Technologies as its gateway access provider when the bourse opens in the second quarter.
According to Trading Technologies, trader connectivity will be via its X_TRADER system and be available on day one of trading, while access through the next-generation platform will commence in Q3 2015.
“We recognize Trading Technologies as a key liquidity facilitator for global futures trading and we are excited they have extended their network of exchanges to include GMEX Exchange for their clients from our launch,” said Hirander Misra, CEO of GMEX Group. “We are currently in the process of signing up a multitude of buyside firms, banks and futures trading houses, to ensure liquidity.”
All Trading Technologies customers will be able to enter orders and manage trades from the full suite of tools including the firm’s Autospreader, Autotrader, and the ADL visual programming platform for algorithmic trading, as well as TT’s FIX and proprietary API solutions.
In addition, X_TRADER users will be able to access GMEX liquidity through internally hosted gateways or the firm’s TTNET global hosting solution, including its MultiBroker offering.
“We are also delighted that FME has committed to support the market