Home Latest News Trading Technologies partners with Esunny to connect trading platforms

Trading Technologies partners with Esunny to connect trading platforms

by Paul
Trading Technologies International

Trading software provider Trading Technologies International has entered into a partnership with Zhengzhou Esunny Information Technology to develop a technology solution to connect Trading Technologies’ platform with Esunny’s

Trading software provider Trading Technologies International, Inc. announced this Monday that it has formed a strategic partnership with Zhengzhou Esunny Information Technology Co., Ltd. to develop a joint technology solution that will connect Trading Technologies’ platform with Esunny’s.

Esunny is the leading Chinese trading platform provider and a wholly-owned subsidiary of the Zhengzhou Exchange. Under the partnership, by linking the two platforms, it will provide infrastructure for international brokers and the larger trading community to access the Chinese derivatives markets.

According to the statement, today’s announcement will specifically provide access to the China Financial Futures Exchange (CFFE), Dalian Commodity Exchange (DCE), International Energy Exchange (INE), Shanghai Futures Exchange (SHFE) and Zhengzhou Commodity Exchange (ZCE).

Commenting on the partnership, Michael Kraines, President and CFO of Trading Technologies said in the statement: We are very excited to be able to allow our customers to trade China’s rapidly expanding exchange offerings seamlessly on our TT front end for the very first time.

By partnering with a local industry leader like Esunny, TT customers can now access this very dynamic area of the markets that previously could not be traded easily and affordably alongside the world’s other trading centres, Kraines said.

China is the world’s second largest economy and a major driver of derivatives volume growth today. As Chinese regulators continue to relax restrictions and introduce new international derivatives products, the opportunities to trade profitably will only increase, and TT will be well-positioned to meet that demand, he said.

Esunny has a distribution network of more than 120 Chinese mainland brokers and overseas intermediary brokers. Through the collaboration, the trading platform provider will expand its international market access offering through Trading Technology’s exchange connectivity.

“This technical cooperation between Esunny and TT will provide international traders with the opportunity to enter the Chinese market. The Chinese market is a huge market and as the pace of China’s financial opening up accelerates, the Chinese market will attract the participation of global traders, which will generate great vitality…” added Kang Le, President of Esunny, in the statement.

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