Trading Technologies launches gateway to Singapore Exchange, opens new Asia HQ

Trading Technologies (TT) has launched its new Singapore Exchange (SGX) gateway, the exchange connectivity software vendor’s first connection to the Asian financial markets, and moved into new Singapore offices.

The gateway provides TT’s X_Trader 7 customers with access to SGX’s international risk management tools and trading products, such as short- and long-term interest rate futures and options, equity index futures and options, and single-stock futures. Specific products include those linked to Japanese government bonds (JGBs), Euroyen and the Nikkei 225.

The SGX gateway has undergone extensive beta testing since November with several trading firms in Singapore, including TransMarket Group and Ong First Tradition.

The vendor’s exchange connections enable trading of the world’s major futures exchanges as well as over-the-counter energy, foreign exchange, fixed-income and other instruments. All TT gateways are accessible from TT’s X_Trader order-entry software. The gateways will also connect through TT’s X_Trader API and Fix adapter to third-party, proprietary and black-box trading applications.

TT employs more than 20 sales and customer-support professionals in Singapore, and expects to double this number within the next year. Singapore serves as TT’s headquarters in the Asia-Pacific region. TT also has offices in Tokyo, Hong Kong and Sydney.