{"id":2440,"date":"2015-09-22T19:00:57","date_gmt":"2015-09-23T00:00:57","guid":{"rendered":""},"modified":"2015-09-22T19:00:57","modified_gmt":"2015-09-23T00:00:57","slug":"china-merchants-securities-hong-kong-joins-trading-technologies-x_trader-asp-platform","status":"publish","type":"news","link":"https:\/\/tradingtechnologies.com\/news-releases\/china-merchants-securities-hong-kong-joins-trading-technologies-x_trader-asp-platform\/","title":{"rendered":"China Merchants Securities Hong Kong Joins Trading Technologies\u2019 X_TRADER\u00ae ASP Platform"},"content":{"rendered":"

CHICAGO and HONG KONG, September 22, 2015<\/strong> \u2013 Trading Technologies International, Inc. (TT), a provider of\u00a0high-performance professional trading software, and China Merchant Securities Hong Kong today announced\u00a0China Merchants Securities Hong Kong and its affiliated companies (collectively known as \u201cCMS (HK)\u201d) are now\u00a0participating brokers in TT’s global X_TRADER ASP service, formerly known as MultiBroker. Customers may select\u00a0and route orders to CMS through TT\u2019s global trading network, which provides direct market access (DMA) to 45\u00a0markets across five continents.
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\nStephen Chan, head of global commodities and deputy CEO at CMS, commented, \u201cWe are delighted to expand\u00a0our execution services and relationship with Trading Technologies through TT\u2019s X_TRADER ASP. We value this\u00a0solution as one of the key trading platforms which CMS can offer to professional traders and our state-owned\u00a0enterprise clients globally.\u201d<\/p>\n

\u201cWe are very pleased to welcome CMS into the X_TRADER ASP community,\u201d said Robbie McDonnell, EVP global\u00a0sales for TT. \u201cAdding CMS, with their expertise in the Hong Kong and China markets along with a recently\u00a0expanded footprint in the UK , will be a competitive advantage to us as we expand our customer base in China and\u00a0the rest of Asia.\u201d<\/p>\n

With the addition of CMS, the X_TRADER ASP network now comprises more than 50 sell-side participants,\u00a0including nine of the top 10 brokers by customer segregated funds. More than 200 buy-side firms are actively\u00a0trading through X_TRADER ASP.<\/p>\n

TT\u2019s X_TRADER ASP solution<\/a>, which launched in 2013, has seen considerable traction in Asia over the past year,\u00a0extending from Singapore\u2019s commodity and energy trading space into North Asia\u2019s derivatives trading community.\u00a0X_TRADER ASP provides DMA via multiple brokers from a single connection to TT\u2019s TTNET\u2122 global hosting\u00a0solution, helping buy-side firms effectively manage and mitigate risk while retaining privacy with respect to\u00a0strategies and open positions.\u201d<\/p>\n

About Trading Technologies<\/strong>
\nTrading Technologies (https:\/\/tradingtechnologies.com<\/a>, @Trading_Tech<\/a>) develops and delivers professional trading software for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers. TT provides access to 45 major international exchanges and liquidity platforms.\u00a0<\/span>Its new next-generation trading platform, TT, uses the software-as-a-service (SaaS) delivery\u00a0model to give users a fast, reliable, mobile solution that represents what’s next in the world of trading and\u00a0technology.<\/p>\n

About China Merchants Securities (HK)<\/strong>
\nChina Merchants Securities (HK) Co., Limited (\u201cCMS (HK)\u201d) is a wholly-owned subsidiary of China Merchants\u00a0Securities Co., Limited (Country of incorporation: China, \u201cCMS\u201d). CMS is one of the top ten integrated securities\u00a0firms in China. Listed on the Shanghai Stock Exchange in 2009, CMS has been leading the domestic securities\u00a0industry with its robust performance, international business platform, and an extensive branch network reaching 50\u00a0top-tier cities throughout the country.<\/p>\n

China Merchants Futures (HK) Co. Limited (\u201cCMFHK\u201d) is a company incorporated in Hong Kong. The company is\u00a0an inactive clearing member of CME Group Inc., a participant of the Hong Kong Exchanges and Clearing Limited\u00a0(\u201cHKEx\u201d) and also a licensed corporation under the Securities and Futures Ordinance in Hong Kong.<\/p>\n

China Merchants Securities (UK) Limited (\u201cCMSUK\u201d) is a company incorporated in the UK. CMSUK is authorized\u00a0and regulated by the Financial Conduct Authority (FCA). The company is a Category 2 member of the London\u00a0Metal Exchange (LME) and also a General participant and Clearing member of ICE Futures Europe.<\/p>\n","protected":false},"author":16,"parent":0,"template":"","class_list":["post-2440","news","type-news","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/news\/2440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/users\/16"}],"version-history":[{"count":0,"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/news\/2440\/revisions"}],"wp:attachment":[{"href":"https:\/\/tradingtechnologies.com\/wp-json\/wp\/v2\/media?parent=2440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}