TT expects to launch trading of IDEM products on its platform in the second half of 2006. X-Trader users will have the option to trade IDEM products including futures, mini futures and options on the S&P/MIB index, and futures and options on single stocks.
IDEM says it had a 34% year-on-year average daily volume growth in the first half of 2006. It believes TT’s trading platform characteristics, particularly in terms of velocity and reliability, will enable the further penetration of the IDEM screens among the derivatives community.
TT says its exchange connections enable trading of futures exchanges as well as energy, foreign exchange, fixed income and other instruments. All TT gateways are accessible from TT’s X-Trader order-entry software and through TT’s FIX Adapter.
