Trading Technologies to connect platform to the Taiwan Futures Exchange

The move comes as demand for access to Asia’s derivatives markets continues to grow.

Trading Technologies (TT) has contracted with Taipei-based broker Yuanta Futures Taiwan to connect its platform to the Taiwan Futures Exchange (TAIFEX).

Yuanta Futures Taiwan, through the use of the TT platform, will be provided with a combined carry broker and multi-broker solution for all international clients to access TAIFEX through TT’s global infrastructure.

The addition of TAIFEX to TT’s portfolio of connected exchanges reflects the growing demand for access to Asia’s derivatives markets.

“It’s also a testament to the power of the TT platform, which allows us to add a new market destination and make it instantly available to every customer globally,” said Mark Pottle, regional executive sales director for Trading Technologies in Asia.

“We would like to extend a huge thanks to Yuanta Futures Taiwan for partnering with TT to provide this solution for our mutual customers.”

TT currently has market connectivity spanning six continents. The trading software provider’s privately managed infrastructure provides secure market access and performance from anywhere in the world.

Designed specifically for professional traders, TT claims to incorporate a broad array of customisable tools to accommodate trading strategies that range from manual point-and-click trading to single-digit microsecond automated order entry.

“We are thrilled to become the world’s first market access provider of the Taiwan market on TT. As the Taiwan market becomes more volatile and unpredictable, finding an experienced and reliable broker like Yuanta becomes very imperative,” said Alex Hsu, president of Yuanta Futures Taiwan.

“We would like to thank TT for this cooperation and the creation of great synergy for our valued clients.”

Earlier this month, Trading Technologies agreed to be acquired by private equity fund 7RIDGE.

The acquisition, which has been backed by global exchanges Cboe and Singapore Exchange, aims to help drive Trading Technologies’ organic growth.

The acquisition is expected to close before the end of this year, with terms of the agreement not being disclosed.