International Finance
Featured Forex

Trading Technologies allows to trade on South Africa’s main bourse

Trading Technology South Africa_IF_Image
Its global clientele can access the Johannesburg Stock Exchange for trading equity and currency derivatives

Trading Technologies International has established a new partnership with Applied Derivatives to expand the footprint of its flagship TT trading platform in South Africa. It is reported that the TT trading platform will provide market access and trading execution through its SaaS model. Now Trading Technologies will allow its global user base to trade all derivative products listed on the country’s main bourse. It comprises a wide range of sophisticated tools for trading strategies across equity and currency derivatives. 

Now Applied Derivatives has become the first broker to distribute Trading Technologies platform in South Africa, media reports said. With that, the latter’s clients will be able to access the Johannesburg Stock Exchange for trading  equity and currency derivatives. This will even include futures and options, media reports said. 

Steve Stewart, Managing Director, Sales EMEA at Trading Technologies, told the media, “We are very happy to be bringing the TT platform into South Africa for the first time through this partnership with Applied Derivatives. They are leaders in the region, with a focus on providing their services to large financial institutions, hedge funds and other professional trading organizations. We look forward to expanding our reach in this important part of the world through this collaboration with the Applied Derivatives team.” 

In July, BCG Partners had extended their partnership with Trading Technologies to implement Order Management System for order management and post-trade allocation. Now Applied Derivatives will be able to access Trading Technologies preconfigured execution algorithms, Autospreader and ADL, mobile trading, FIX services and API development.

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.