Fimat and Trading Technologies International, Inc. (TT) announce that they have expanded their existing North American relationship and will begin marketing TT’s electronic trading solutions to customers in Europe and Asia. In addition, Fimat intends to integrate TT’s X_TRADER® with Fimat’s Asian market connections.
Fimat will use TTNET™, TT’s fully managed hosting service, to facilitate the deployment of electronic trading solutions to its customers. TTNET accelerates customer access time to international derivatives markets and increases trading platform stability through its fully redundant data centers situated close to the various exchanges.
This global agreement comes at a key time when Fimat is experiencing significant derivatives trading volume growth. Anna Pesman, Managing Director, Etrading, at Fimat said: “TT has become an integral part of our global futures execution strategy. We look forward to replicating our success with TT in the Americas throughout Europe and Asia.”
Harris Brumfield, CEO of TT, commented: “We are very pleased to be expanding our long-standing relationship with Fimat to better meet the needs of their global customers. We look forward to deeper collaboration with Fimat as we work together to bring our technologies to clients in Europe and Asia.”