Trayport Expands into Asia Pacific

Company appoints Dyer to head up new office

London, 3 March 2005 – Trayport, a leading supplier of electronic trading systems, today announced that it has expanded its operations to the Asia Pacific (APAC) region. Murray Dyer, previously Business Development and Consulting Director at iVentures Capital, has been appointed to head up the new office as Regional Sales Manager, APAC.

Operating from Singapore, Dyer’s main responsibility will be to grow Trayport’s business and to increase the company’s visibility in the region. Building on its strength in Europe and recent successes in the exchange sector, Trayport plans to engage with the exchanges, brokerages and banks across financial centres such as Hong Kong, Sydney and Tokyo.

The expansion reflects Trayport’s belief in the strength of the APAC market’s increasing need for electronic trading platforms. Trayport’s initial assessment of the APAC market in areas such as oil, fixed income, derivative, swaps and non-deliverable forward FX shows a strong appetite for electronic trading to match that of Europe and North America.

"We are extremely positive about our expansion into the APAC region," says Elliott Piggott, Commercial Director at Trayport. "Having already received strong indications of interest from participants in this region, we are confident that we can grow successfully in this territory as a cost-competitive provider of electronic trading technology."

Prior to iVentures Capital, Dyer was a trading manager in the commodities division at Maple Leaf International. Dyer holds a degree in Commerce and Management.

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