Jakarta Futures Exchange has deployed a new integrated trading, surveillance and risk management system from Trayport Exchange Systems and 3i Infotech.
The Jakarta Futures Exchange has been using Trayport’s GlobalVision Exchange Trading System since the early August, but this has now been integrated with the AWACS specialist surveillance and risk management system from 3i Infotech.
Trayport’s GlobalVision Exchange Trading System integrates fully with 3i Infotech’s AWACS solution and it is expected that both systems will link to 3i Infotech’s Tradis online broker workstation and order routing system later this year.
Jakarta Futures Exchange Trading and IT head Lukas Lauw said that the deployment has shown in an increase in trading volumes as a result of switching to Trayport’s GlobalVision Exchange Trading System.
“We also expect that when we implement FIX Gateway, it will allow our members to connect their broker systems to the exchange, and so we will see an even greater effect,” Lauw said.
“The platform already offers members electronic trading of Olein (palm oil) futures and Gold contracts. We will soon add other products including Coffee and Cocoa.”