CHICAGO & SYDNEY--(BUSINESS WIRE)--Trading Technologies International, Inc. (TT) has opened a new data center in Sydney for TTNET, its fully managed hosting solution. The Sydney data center is the seventh TTNET facility for TT’s global hosting service. The company also operates TTNET hubs in Chicago, New Jersey, London, Frankfurt, Tokyo and Singapore.

The new hub provides TT’s Sydney-based clients with local low-latency access to all TT-supported markets through TTNET’s proximity hosted architecture. TT currently connects to approximately three-dozen markets on five continents.

The Sydney facility also supplies TT’s global customer base with expanded market access to the Australian Securities Exchange (ASX). Previously TTNET offered connectivity to ASX from its hubs in Singapore and Chicago.

“ASX is pleased that Trading Technologies is extending the scope of TTNET, its global connectivity solution, to include local access to futures and options trading on the Australian Securities Exchange. The availability of TTNET makes global connectivity into the new ASX Trade24 futures platform easier for all TTNET customers,” said Will Wilson, General Manager, Sales and Marketing, ASX Limited.

Continued Wilson, “The ASX futures and options on futures markets have experienced 33% growth, including in their flagship suite of debt, equity, commodity and energy derivative products, over the past 12 months. ASX welcomes the important distribution and connectivity enhancement provided by the introduction of TTNET to the Australian market. It will give more customers access to these critical investment and risk management products, and improve overall market depth and liquidity.”

“Our Sydney hub is now the third TTNET facility to go live in the Asia/Pacific region, joining Singapore and Tokyo. The expansion of TTNET is fueled by customer demand from a growing regional base along with our international bank customers, who require high-speed access to global markets,” said Robbie McDonnell, VP/Managing Director Asia/Pacific with Trading Technologies.

TTNET accelerates customer access to international futures markets and increases trading platform stability through its high-performance, redundant data centers strategically located in major financial centers. TTNET’s proximity hosted architecture enables firms to minimize latency by placing TT’s high-speed exchange gateways and server-based execution tools within close proximity to the exchange matching engines. When possible, gateways are colocated with the exchange matching engine to achieve optimal low-latency performance. TT currently operates seven data centers in North America, Europe and the Asia/Pacific region. A Sao Paulo data center colocated with the BM&FBOVESPA matching engine is scheduled to open in Spring 2011.

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com) develops high-performance trading software for derivatives professionals, including the world’s premier investment banks, proprietary traders, brokers, Futures Commission Merchants (FCMs), hedge funds and other trading institutions. The company’s X_TRADER^® software and related services provide direct access to dozens of the major international derivatives exchanges. TTNET™, TT's fully managed hosting solution, delivers maximum system stability and fast trade execution via hubs located close to the major exchanges in Chicago, New Jersey, London, Frankfurt, Singapore, Tokyo and Sydney. Headquartered in Chicago with 11 offices globally, TT has received "best in class" awards from numerous independent third parties including FOW, Buy-Side Technology, The Technical Analyst and Chicago magazines as well as the Illinois Information Technology Association (ITA).

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