Trading Technologies Signs First Local Vietnamese Client After Agreement with Mercantile Exchange of Vietnam | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis
Trading Technologies has signed an agreement with the Mercantile Exchange of Vietnam to provide the exchange’s trading members and clients with access to international derivatives markets through TT’s connectivity infrastructure.
It marks the technology firm’s first local client in the country.
Under the agreement, TT will complement MXV’s existing global connectivity by providing access to leading exchanges, including CME Group, the London Metal Exchange, Intercontinental Exchange, and Singapore Exchange.
The arrangement is intended to strengthen trading efficiency and broaden the range of international markets accessible to Vietnamese market participants.
Alun Green, Executive Vice President and Managing Director for Futures and Options at TT, described the agreement as a “significant milestone” and said it represented a “path for strategic expansion into this part of Asia.”
He noted that many of the world’s largest institutions leverage TT’s connectivity for high-volume activity across asset classes.
Dung Nguyen, Corporate Vice President of MXV, stated that the collaboration was an “important step in enhancing the MXV’s market infrastructure and expanding global market access” for its members.
He also highlighted potential for the partnership to extend beyond connectivity to encompass capacity building, market education, and training initiatives to support the broader development of Vietnam’s commodity derivatives market.
TT recently announced that Nick Garrow had moved from Chief Revenue Officer to a newly created Chief Strategy Officer role, with Josh Monroe joining as his replacement.
