Trading Technologies

FEX Global Partners With Trading Technologies

FEX Global, the newly launched Australian futures exchange, has contracted with Trading Technologies to provide the exchange’s trading participants with the company’s TT trading platform.

All futures and options listed on FEX Global are available for trading through TT, as well as its full suite of tools, including functionality for spread and algo trading, charting and analytics, mobile trading, options, FIX services and API development.

Guy Scott, EVP Global Head of Sales at Trading Technologies, said: “TT will facilitate broad market access to FEX Global by allowing market participants to manage risk using our proven professional trading technology from virtually any location and device. At the same time, our collaboration with FEX will enable deeper market penetration for TT among energy, commodity and environmental traders in the Asia/Pacific region. We are excited to be working with FEX Global on this milestone venture and congratulate the team on their successful launch.”

Brian Price, FEX Global Executive Chairman, commented: “Trading Technologies has worked conscientiously with us for many years to bring our project to fruition. In addition to their operational excellence, we have greatly appreciated their can-do attitude and attention to customer needs and nuances. We are looking forward to a long and constructive relationship with this great Chicago firm.”

FEX Global opened with futures and options in Australian power, Australian dollar iron ore, and Japan and ESPO crude. In Q3, the operator will include gas, solar, battery storage, environmental contracts, LGC.

CME Clearing, part of CME Group, has been selected as the clearing partner of the futures exchange. Sunil Cutinho, President, CME Clearing said: “We are delighted to be working with FEX Global in Australia to extend central clearing in the Asia-Pacific region and we look forward to delivering CME’s clearing solutions to FEX customers.”