Asia First Trading-Atrium Announces Readiness For Low Latency Direct Market Access To Thailand From Singapore
Country Group Securities and Neo & Partners Global collaborate to establish Inbound and Outbound Low Latency Direct Market Access for Equities and Derivatives e-Trading.
Neo & Partners Global’s unique 360° Business Eco-system combines high technology with human-centric design for Algorithmic and Quantitative e-Trading under one roof.
In conjunction with The Stock Exchange of Thailand’s new clearing system launch for international transaction in 2015.
Singapore, 23 June 2015 – Neo & Partners Global (NPG), a Singapore enterprise that specializes in offering smart electronic trading solutions and creator of Asia’s first Trading-Atrium, announces that it is preparing for full support of Low Latency Direct Market Access (DMA), including exchange co-location, to The Stock Exchange of Thailand (SET) and Thailand Futures Exchange (TFEX) from Singapore.
Hedge funds, family offices, proprietary trading firms, commodity trading advisors and overseas companies can use the Trading-Atrium to set up or strengthen their Low Latency DMA trading capabilities into Thailand from Singapore. It offers customizable algorithmic multi-asset trading applications that are compatible with the client’s in-house software solutions. It can also develop integrated risk management systems according to the client’s unique trading requirements.
NPG has also partnered hardware technology leaders to offer low latency, or super high speed data networks (in milliseconds) for multi-asset class trading; processing speeds are drastically reduced, even as trading volumes vastly increase over time.
Ms. Sudthida Chirapatsakul, Chief Executive Officer at Country Group Securities, said, “We welcome Neo & Partners Global for introducing an Innovative Trading approach and illustrating that our markets are becoming increasingly attractive for international trading firms as well. As one of the leading Thailand securities firm, we are continuously looking to Innovate and offer new services to attract the attention of traders.”
Mr. Eric Neo Say Wei, Chief Executive Officer and Founder of Neo & Partners Global, said, “As part of The Trading-Atrium’s complete Business Eco-system, we have carefully selected to partner with Country Group Securities (CGS), a subsidiary of Country Group Holdings and exchange clearing member of both SET and TFEX. CGS’ specific asset class expertise, local knowledge and commercially competitive track record provide clients with unique local trading efficiency advantages.
With the Trading-Atrium, Asia will have an exciting financial destination, such as Thailand, that provides multi-asset trading opportunities, integrated with sophisticated and innovative offerings. The SET has continuously developed its IT system and in 2015, SET will launch a new clearing system for equities with cutting-edge technology, efficiency for international transactions and SET's business expansion
Neo & Partners Global is set up to complement the work of the buy and sell-side, exchanges and to grow with them in a win-win manner. Ultimately, our combined efforts should further strengthen Singapore’s position as a Premier International Trading Hub.”
About Neo & Partners Global
Neo & Partners Global was founded in 2014 and is strategically located inthe heart of Singapore’s central business district at One Raffles Place. Itsvision is to help high-growth, medium-sized international companies build theirbusiness and brand in Singapore. Neo & Partners Global wants to be the change leader to help realize Singapore’s ambition to become a premierinternational financial trading hub.
For investor relations, please contact:
Eric Neo Say Wei
Chief Executive Officer (行政总裁) & Chief Information Officer (首席信息官)
Neo & Partners Global
(65) 6709 8380 or (65) 9781 3534
eric.neo@neopartnersglobal.com