Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

New Software Vendors Connect To SFE's Trading Interface

Date 27/11/2000

The ability of the Sydney Futures Exchange (SFE) to distribute its trading products to customers around the world has been enhanced by the recent certification of two independent software vendors (ISV).

PATSystems and EasyScreen have this month joined other ISVs GL Trade, Computershare and BridgeDFS as being certified to connect into SFE’s SYCOM® Interface, providing a gateway for domestic and international banks and brokers to electronically access SFE’s markets.

PATSystems and EasyScreen provide flexible connectivity options into the world’s major exchanges, ranging from reliable high-speed services to easy access Internet alternatives. Their proprietary trading applications can be customised to meet the specific needs of individual clients.

The systems developed by both PATSystems and EasyScreen would appeal to existing and future SFE customers looking to enhance or establish their range of access and trading options with SFE.

In addition to ISVs, a number of existing SFE customers have Internet applications connected into the SYCOM® Interface, bringing the total number of users with some level of connectivity or trading service through the Interface to 16.

The SYCOM® Interface allows customers to connect their own or third party provided trading software directly into SFE’s platform. Trading activity generated via the SYCOM Interface represents over 24% of SFE’s total transactions.

Mr Robert Elstone, SFE Managing Director and CEO, said: "SFE’s fully electronic trading system already operates around the world and around the clock, successfully providing liquidity and price transparency for market users. The certification of independent software vendors with global distribution networks enhances SFE’s SYCOM® trading system further, by making SFE’s products available to a greater range of customers and by providing those customers with greater choice as to their preferred method of access to SFE’s markets."