FEX Global Pty. Limited (FEX) has contracted with Trading Technologies to provide the exchange’s trading participants with the TT trading platform. The following is a guest post authored by Thomas Price, Director of Financial and Energy Exchange Ltd, the parent company of FEX Global
Over the next decade, the global derivatives world is going to further shift on its axis toward the Asia/Pacific region. This volume and participation migration will present both immense opportunities and challenges to European and American derivatives exchanges.
Global derivatives trading infrastructure has centered primarily on Western platforms and exchanges since the 1970s. When the industry and participants think of iconic exchanges, products and brands, thoughts turn to the likes of the CME, ICE, Nasdaq, CBOE and Eurex. While these infrastructures and brands will remain incredibly powerful, they, and indeed large parts of the derivatives industry, will be more dependent on revenues emanating from Asian markets.
China, now the world’s second biggest economy, is leading the reorientation. As a centralized economy, people take notice when the Chinese government speaks, and the Beijing officials have indeed spoken. The current administration has publicly stated their ambition to further participate in the global derivatives industry.