Trading Technologies expands access to New Zealand through NZX tie-up
Connectivity will enable participants to access NZX via TT’s platform, supported by low-latency infrastructure and execution tools.
Connectivity will enable participants to access NZX via TT’s platform, supported by low-latency infrastructure and execution tools.
The new contracts align with the rising demand for listed dividend products, and will span options on the S&P 500 annual dividend index futures and Nasdaq-100 and Russell 2000 quarterly dividend index futures.
The integration will leverage Exegy’s ticker plant technology, and aims to support the delivery of a robust and resilient pre- and post-trade consolidated tape.
The move aligns with an uptick in firms shifting to, or considering overnight trading models across the world, particularly in Asian and international markets trading US equities.
The collaboration is set to enable the creation of a low-latency execution trading environment for Australian capital markets.
Trading of the contracts is currently scheduled to go live on 28 April, and will also see BNP Paribas acting as a market maker to support liquidity, subject to regulatory approval.
Collaboration supports Tradefeedr’s move beyond FX, using BMLL datasets to deliver standardised analytics via a unified API layer.
New hire previously spent nearly five years at RBC, and has also served at ODDO BHF, Societe Generale and Eurex.
Appointment has been with the firm for more than two decades; most recently served as head of quantitative equity trading.
The new team now comprises of a senior hire from Barclays, as well as several internal hires, with the aim of aligning the firm’s global sales and trading offerings, The TRADE understands.