News Releases

CHICAGO and HONG KONG, September 22, 2015 – Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, and China Merchant Securities Hong Kong today announced China Merchants Securities Hong Kong and its affiliated companies (collectively known as “CMS (HK)”) are now participating brokers in TT’s global X_TRADER ASP service, formerly known as MultiBroker. Customers may select and route orders to CMS through TT’s global trading network, which provides direct market access (DMA) to 45 markets across five continents.

Stephen Chan, head of global commodities and deputy CEO at CMS, commented, “We are delighted to expand our execution services and relationship with Trading Technologies through TT’s X_TRADER ASP. We value this solution as one of the key trading platforms which CMS can offer to professional traders and our state-owned enterprise clients globally.”

“We are very pleased to welcome CMS into the X_TRADER ASP community,” said Robbie McDonnell, EVP global sales for TT. “Adding CMS, with their expertise in the Hong Kong and China markets along with a recently expanded footprint in the UK , will be a competitive advantage to us as we expand our customer base in China and the rest of Asia.”

With the addition of CMS, the X_TRADER ASP network now comprises more than 50 sell-side participants, including nine of the top 10 brokers by customer segregated funds. More than 200 buy-side firms are actively trading through X_TRADER ASP.

TT’s X_TRADER ASP solution, which launched in 2013, has seen considerable traction in Asia over the past year, extending from Singapore’s commodity and energy trading space into North Asia’s derivatives trading community. X_TRADER ASP provides DMA via multiple brokers from a single connection to TT’s TTNET™ global hosting solution, helping buy-side firms effectively manage and mitigate risk while retaining privacy with respect to strategies and open positions.”

About Trading Technologies
Trading Technologies (https://tradingtechnologies.com, @Trading_Tech) 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. Its new next-generation trading platform, TT, uses the software-as-a-service (SaaS) delivery model to give users a fast, reliable, mobile solution that represents what’s next in the world of trading and technology.

About China Merchants Securities (HK)
China Merchants Securities (HK) Co., Limited (“CMS (HK)”) is a wholly-owned subsidiary of China Merchants Securities Co., Limited (Country of incorporation: China, “CMS”). CMS is one of the top ten integrated securities firms in China. Listed on the Shanghai Stock Exchange in 2009, CMS has been leading the domestic securities industry with its robust performance, international business platform, and an extensive branch network reaching 50 top-tier cities throughout the country.

China Merchants Futures (HK) Co. Limited (“CMFHK”) is a company incorporated in Hong Kong. The company is an inactive clearing member of CME Group Inc., a participant of the Hong Kong Exchanges and Clearing Limited (“HKEx”) and also a licensed corporation under the Securities and Futures Ordinance in Hong Kong.

China Merchants Securities (UK) Limited (“CMSUK”) is a company incorporated in the UK. CMSUK is authorized and regulated by the Financial Conduct Authority (FCA). The company is a Category 2 member of the London Metal Exchange (LME) and also a General participant and Clearing member of ICE Futures Europe.