Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Singapore Firm Launches Asia’s First Multi-Asset, Broker-Neutral Trading Platform Called The Trading Atrium

Date 07/08/2014

  • Trading Atrium gives ultra-low latency access to Singapore Exchange (SGX) and other major global exchanges, proliferates number of market players and amplifies liquidity
  • Furthers Singapore’s vision to be premier international financial trading hub
  • Unique 360° business eco-system combines high technology with human-centric design

Neo & Partners Global (NPG), a Singapore enterprise that specializes in offering smart electronic trading solutions, announced on 18 July that it has launched Asia’s first The Trading Atrium, which enables electronic trading on one multi-asset, broker-neutral, global platform.

Funds, trading firms, and overseas companies can use The Trading Atrium to set up or strengthen their trading capabilities in Singapore. It offers customizable algorithmic multi-asset trading applications that are compatible with the client’s in-house software solutions. It can also develop integrated risk management systems according to the client’s unique trading requirements.

NPG has also partnered hardware technology leaders to offer ultra-low latency, or super high speed data networks for multi-asset class trading; processing speeds are drastically reduced, even as trading volumes vastly increase over time. This results in a highly liquid trading environment with a sophisticated outreach to major global exchanges, including the SGX, and other liquidity pools.

The Trading Atrium also offers a wide range of integrated trading capacities across equities, futures, foreign currency and options; clients have the flexibility to choose from NPG’s panel of brokers, carefully selected for their specific asset class expertise, knowledge and track record. Traders can access a comprehensive range of academic trading programmes, algorithmic trading strategies, risk management consultancy, as well as legal and secretariat services under one roof.

Mr. Chew Sutat, Executive Vice President and Head of Sales and Clients at SGX, said, “We welcome Neo & Partners Global to our marketplace and for introducing an innovative trading approach. This initiative complements SGX’s ongoing commitment to expand the trading community and support trading professionals as they increasingly step up their participation in our securities and derivatives markets.”

Mr. Eric Neo Say Wei, CEO and Founder of Neo & Partners Global, said, “The design philosophy of the Trading Atrium is motivated by the fact that the sum of the parts must be greater than the whole. We offer a 360° business environment that covers all aspects of an electronic trading eco-system that empowers the trading community to operate more profitably, that adds depth to the industry and promotes sustainable growth.”

"With the Trading Atrium, Asia will have an exciting financial destination that provides multi-asset trading opportunities, integrated with sophisticated and innovative offerings. Neo & Partners Global is set up to complement the work of the buy and sell-side, exchanges and to grow with them in a win-win manner.

Ultimately, our combined efforts should further strengthen Singapore’s position as a premier international trading hub,” added Mr. Neo.

The Trading Atrium has a total of 52 professionally equipped dealing desks that can accommodate up to nine trading institutions, with a multi-media boardroom and ergonomically designed breakout area. Such first-of-its- kind human-centric design spaces encourage professional knowledge transfer and interaction among the Atrium’s trading community.