Thailand Futures Exchange PCL (TFEX) today announced that TFEX has been selected “Best Technology Innovation by an exchange” for outstanding trading system innovation, at the 2015 Futures and Options World (FOW) Awards for Asia event last night in Singapore.
TFEX Managing Director Rinjai Chakornpipat said that since 2014 TFEX has implemented a new derivatives trading platform with a state of art technology from Cinnober, a Swedish leading technology vendor, to enhance our market and deliver better value to our stakeholders. The new trading platform allows for low latency execution, facilitating multi-asset class of underlying, providing shorter time to market for introducing new products and supporting growing business volume. In the same time, the clearing house has adopted a new clearing platform, developed by Korea Exchange, to enhance its operational efficiency, facilitate multi-market and multi-currency products as well as increase risk management capacity.
“It is a great honor to receive this award as this has truly reflected our effort and determination to provide world-class services to our stakeholders.” stated Rinjai.