Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced Trading Technologies now offers connectivity to Dubai Gold & Commodities Exchange (DGCX) through its TT® trading platform. With this new connection, commodity and currency derivatives traders can utilize TT’s robust functionality, including the TT Mobile applications for iOS and Android devices, to chart and trade the full range of products listed on DGCX.
“Our new link to DGCX advances TT’s continued growth in the Middle East and greatly expands our international trading community,” said Steve Stewart, Managing Director, Sales EMEA for Trading Technologies. “This partnership further facilitates the distribution of TT to traders in the region, meeting their demands for sophisticated trading technology executed through a secure, reliable infrastructure.”
Gaurang Desai, CEO of DGCX, commented, “Through our partnership with Trading Technologies, DGCX traders have access to the TT platform’s fully integrated suite of high-performance trading tools and enhanced execution services. Additionally, TT’s ease of deployment, high-speed network and on-the-go access deliver great value to our futures traders, many of whom work remotely.”
This new connection to DGCX also provides TT’s current customers with access to the leading derivatives exchange in the Middle East and the only exchange-traded Indian Rupee options product offered outside India.
DGCX is the first exchange to go live in TT’s new London data center, which is located within Interxion’s data center campus. This new point of presence will provide TT users with regional resiliency, enhanced performance and easy access to exchanges throughout throughout Europe and the Middle East.
Established in 2005, DGCX is the region’s leading derivatives exchange and the only one allowing participants to clear and settle transactions within the Gulf region. The Exchange has played a pioneering role in developing the regional market for derivatives.
DGCX is a subsidiary of Dubai Multi Commodities Centre (DMCC), a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market, financial infrastructure and services required. It is an electronic commodity and currency derivatives exchange with 267 members from across the globe, offering futures and options contracts covering the precious metals, energy and currency sectors.
Trading Technologies (https://www.tradingtechnologies.com, @Trading_Tech) creates professional trading software and solutions for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. TT provides access to the world’s major international exchanges and liquidity platforms via its TT® and X_TRADER® trading platforms.