Sassoon Financial Futures is the first SGX-DT member firm to provide internet access to SGX ETS, taking advantage of this low-cost alternative to leased lines and dedicated terminals for order routing.
With internet access, SGX-DT members can offer their clients instant and cost-effective access to the region's widest range of risk management and investment tools. These include Euroyen Futures, Japanese Government Bond (JGB) Futures, Nikkei 225 Futures, Nikkei 300 Futures, MSCI Taiwan Index Futures, MSCI Singapore Index Futures, Straits Times Index Futures and S&P CNX NIFTY Index Futures.
This connectivity is via an internet trading solution developed by patsystems, a leading developer and provider of electronic trading systems.
Mr Jimmy Ang, Executive Vice President and Head of SGX-DT said, "This is a clear indication of SGX's commitment to extend the reach of our products and services to the global investors, wherever they may be. Our members, and independent software vendors (ISVs) like patsystems, will continue to play a vital role in adding value to our global distribution network.
"We expect strong interest not only from retail and institutional investors in Singapore, but also from various international financial centres. Several other ISVs and Members are also expected to be ready to launch their own interfaces with our SGX ETS in the coming weeks", added Mr Ang.
Mr Steven Loke, General Manager of Sassoon Financial Futures Pte Ltd said, "Adopting this mode of access will greatly enhance the way SGX-DT's products are currently distributed. It will add a new meaning to cross-border marketing efforts, especially with Sassoon Financial Futures' firm focus on the Pacific-rim markets."
Mr Jacques de Cock, CEO of patsystems said, "In conjunction with the development of a leading-edge, integrated trading and risk management product, we are continually building on our connectivity and access to the world's leading Exchanges, and we are pleased that the Singapore Exchange Derivatives Trading is a part of it."
