X_Trader 7 users will be able to buy and sell futures on precious and base metals including gold, mini-gold, silver, platinum, palladium and aluminum; energies including crude oil, gasoline, gas oil and kerosene; and rubber, as well as options on gold. Customers also will have the option to spread these products against commodity contracts listed on a number of other TT-supported exchanges.
As Japan’s largest commodity exchange, Tocom is of great interest to our customers. We believe connectivity will appeal to firms within and outside of Japan and expect healthy demand for the gateway, said Toshimasa Fujii, TT’s country manager for Japan.
Through this link-up to X_Trader, Tocom will be accessible to thousands of professional traders worldwide who already use TT’s platform. We believe this arrangement will have a very positive impact on Tocom, said Yuichi Fukui, executive director of Tocom.
TT customers will have the flexibility to choose between hosting their Tocom gateways internally or outsourcing connectivity to TTNET, TT’s fully managed hosting solution. The TTNET gateways will be located close to the exchange at TT’s Tokyo hub. Regional colocation of TTNET data centers enhances a trader’s edge via maximum speed advantages for prices and orders from and to each exchange.
