SCIENCE

NYSE Technologies announced that itis now live with its comprehensive pre-trade risk management service, Risk Management Gateway (RMG), for customers trading on the Singapore Exchange (SGX). RMG allows member-sponsored traders to directly access SGX’s matching engines. RMG’s real-time risk controls and detailed order management capabilities are customized for the sponsoring broker and complements any exchange level risk checks. Traders will benefit from low-latency market data and order transmissions with full trade anonymity, improved market access and industry-leading performance.  

With this service already live with client flow in the SGX co-location facility, NYSE Technologies plans to expand RMG for more customers trading on SGX either from the co-location facility or from other access points. NYSE Technologies will also launch RMG in other execution venues in Asia, including Tokyo and Hong Kong. With SGX’s new Reach matching engine anticipated in August, NYSE Technologies’ RMG service combined with its support for SGX’s low latency feeds will offer ultra-low latency market access resulting in unparalleled execution performance. Already proven in the fully regulated, high-performance market structures of Reg NMS in the U.S. and MiFID in Europe, RMG helps trading firms better manage and protect their trading operations from erroneous or unapproved orderflow.

“As we continue to create opportunities that empower the goals and strategies of markets and market participants around the world, we are pleased to offer a core set of services that improve access to key markets like SGX,” said Peter Tierney, Senior Vice President, NYSE Technologies. “The focus on Asian markets moving towards more high-speed trading reflects interest from our existing client base and further demonstrates NYSE Technologies’ commitment to developing a truly global portfolio of high performance connectivity, trading technology and data solutions.”

NYSE Technologies’ Risk Management Gateway is a high throughput, low-latency routing and risk management engine with advanced risk checks and reporting capabilities.  It enables broker-dealers to safely provide high performance, direct-market access to their clients with real-time risk-filters and fully customizable controls optimized for each firm’s unique requirements.  Sponsoring members enjoy enhanced risk management functionality resulting in consistent low latency performance with increased control of high-speed electronic order flow.