Melbourne Options and Futures Exchange (MOFEX) Launches New Software-Based Service Trading Platform

Released on: April 23, 2012, 4:26 am
Industry: Financial

Australia, -- /EPR NETWORK/ -- The Trading Department of the Melbourne Options and Futures Exchange today released a statement regarding the availability of its open source trading platform over MOFEX TECH’S network. The service is specifically designed for high volume traders and provides a high-performance hosted infrastructure with the versatility of an open source platform at a small portion of the cost of on-premise proprietary trading systems.

“The clients of today are requiring the best performance and the most minimal inactivity possible while discharging IT management problems and unneeded costs so that they can focus on what they do best which is to trade,” said He Zhengtang, President of Melbourne Options and Futures Exchange. “With MOFEX TECH by our side, we can provide this solution through a managed hosting platform. Our customers can expect to experience reduced costs of payments, versatility and performance advantages that they need to compete in this era of trading.”

The new service from the Trading Department of Melbourne Options and Futures Exchange gives Trading Companies of different sizes the versatility traders need to pursue alpha at a cost model that only an open source business model can deliver.

The clients begin with the level of capacity that they require and expand seamlessly, making payments on a basis of what they use. MOFEX TECH will host the trading platform as a partnered solution. The customers will be able to access this platform together with other services including MOFEX TECH’s high-performance, dependable and flexible directed order routing capability.“The end-to-end solution available from Melbourne Options and Futures Exchange Trading Department and MOFEX TECH shows our dedication to searching for other methods to attract liquidity and meet the needs of our clients with versatile, open and cost-effective products,” said Jiang Dao Lee, Head of MOFEX Trading Department. “By giving a solution in a secure environment, we can address concerns such as Internet speed requirements, procurement, maintaining market data infrastructure and connectivity so that our clients can spend more of their time focusing on their core competencies”, completed Mr. Dao Lee.

- Ends -

The Melbourne Options and Futures Exchange (MOFEX) is a leading multi-product commodity and currency derivatives exchange. Situated in Melbourne, Australia, MOFEX offers a comprehensive platform for trading a diversified basket of commodities including futures and options contracts on precious metals, base metals, agriculture commodities, energy, currencies and commodity indices.

Contact Details:
Phone: 61388070921
Victoria Center 3/113 Albert Road
South Melbourne
3205 Victoria, Australia


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