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SunGard offers access to South African derivatives.

SunGard has added the derivatives market of the Johannesburg Stock Exchange to its ASP-based connectivity service for sell-side firms, Valdi Market Access.

The service currently enables exchange members and their direct market access clients to trade on 110 markets worldwide from any SunGard workstation or FIX-enabled application. As a managed service, Valdi Market Access also allows exchange members to outsource many of the operational and technology related elements of maintaining market access.

Warren Geers, general manager of derivatives trading at the JSE, said ASP-based market connectivity to the JSEas derivatives market would help facilitate further growth of its futures and options contracts on soft commodities, currency and equities. "The JSE has been working with SunGard for many years to provide market participants with enhanced market access and trade processing, and has used SunGard's gateway to provide trading on the equity marketplace since 2001,a Geers added.

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Publication:The Trade
Date:Jun 9, 2010
Words:146
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