MEDIA RELEASE PR38850
Jakarta Futures Exchange Agrees to Terms with Trayport(R) Exchange Systems and 3i
Infotech for Its New Exchange Technology
LONDON, Mar. 23 /PRNewswire-AsiaNet/ --
Suite of new solutions will enable the rapidly expanding exchange to stay
ahead of its regional rivals
Trayport(R) Exchange Systems and 3i Infotech today announced they have agreed to
terms with the Jakarta Futures Exchange in Indonesia for the deployment of a new
trading, surveillance and risk management system with an integrated online broker
workstation. This will comprise Trayport's GlobalVision Exchange Trading System(SM),
3i Infotech's AWACS specialist risk management and surveillance solution and 3i
Infotech's Tradis Online broker workstation.
With exchanges like the Jakarta Futures Exchange set to be key catalysts for
global economic recovery, and as future destinations for new and overseas listings,
there is a market need to ensure that these venues are secure, transparent, and able
to prevent instances of manipulation.
Trayport's GlobalVision Exchange Trading System(SM) integrates seamlessly with 3i
Infotech's AWACS solution. This gives the Jakarta Futures Exchange, its members and
associated clearers complete control over position and margin management, market
exposure, trading limits and market entry. 3i Infotech's AWACS system and its Tradis
broker workstation will ensure that the exchange not only has access to one of the
most sophisticated, automated, multi-segment fraud monitoring solutions on the
market, but the link to Trayport's platform means it has a system that can handle new
exchange-traded instruments, as the regional market develops.
The initial phase of the project will start in April 2010.
"The Jakarta Futures Exchange is pleased to be working with Trayport Exchange
Systems and 3i Infotech on establishing our new technology platform. Initially this
will not only support Jakarta Futures Exchange trading in Olein (palm oil) futures
and Gold contracts but also enable us to introduce new markets including Coffee and
Cocoa. The new platform combines risk management and surveillance with an exchange
trading system that allows us to continue to be a world-class exchange offering
market-leading technology to our members. The experience that both Trayport and 3i
Infotech have in commodities markets automation was a major factor in our procurement
process and will assist our growth as a leading exchange," said Lukas Lauw, Head of
Trading and IT at Jakarta Futures Exchange.
With the exchange in Jakarta playing a crucial role in global trading volumes,
the implementation of advanced trading systems from Trayport and 3i Infotech, will
ensure it has what it needs to meet the demands of a rapidly expanding market place,
and gain the confidence of new investors. These solutions have the additional
advantage of being able to scale up, as the market grows.
SOURCE: Trayport Exchange Systems
CONTACT: Trayport: Marcel Kay,
+44 (0)207 960 5500,
marcel.kay@trayport.com;
or 3i Infotech: Roland Godfrey-Davies,
Chalk,
+44 (0)20 7440 9832,
Roland@hellochalk.com
NEWS 
