Madrid Stock Exchange: Visual Trader Provides Access To The World's Main Derivatives Markets - As Of September The Market Will Be Open For Trading 24 Hours A Day

Visual Trader, BME's multimarket platform, will provide access to the world's main derivatives markets and extend its trading hours in order to offer round the clock trading on these markets.

As of September Visual Trader Systems, a company integrated in Bolsas y Mercados Españoles (BME), will offer access to MEFF, EUREX, LIFFE, MATIF, MONEP, IDEM (Milan's derivatives market) as well as to major North American derivatives exchanges (CBOT and CME).

Visual Trader will also extend its trading hours and run its trading platform during the night in order to offer its users in Spain and Europe trading on the main North American derivatives markets, which cannot be accessed easily today due to the different trading times.

With this trading-time extension Visual Trader offers access to over 50 markets through approximately 600 brokers world-wide.

The link established with MEFF (Spanish Derivatives market) will allow Visual Trader's users to trade all Spanish derivative products via this market's members, which in turn will help increase liquidity in MEFF.

VISUAL TRADER is Bolsa de Madrid's electronic platform created to offer real time global access to markets through a single interface. It also offers instantaneous access to several order-routing networks and over 40 markets. Visual Trader's users can:

Access the Spanish market directly or remotely and /or access international markets without having to become members of these markets.

Channel orders towards international brokers who are directly connected to Visual Trader's network or who operate through any of the international order-routing networks which are linked to the system.

Become a potential recipient of orders for the markets of which they are members.
And all this carried out in an integrated fashion.
Visual Trader offers two products, each built to meet different demands. Specifically there is a choice between the following products:

Multimarket Terminal, the main feature of which is the integration, through a single application, of SIBE and the rest of the markets. This terminal includes significant new functionalities such as special orders, program trading functions, a link to the firm's back office system and the possibility of setting alarms and tools for the control of the order-book, among others.

VT Gateway, a single routing interface or host to host connection system which allows the channelling of orders towards Visual Trader's multimarket and multibroker system.