William Barkshire, co-president, HKMEx
"This is a positive step for our Exchange as we continue to further reach out and engage with the global commodity futures community."
FFastFill has announced the integration of its middle office application SEALS and back office system Eclipse to HKMEx.
Through the completion of conformance testing to HKMEx post-trade gateways, trades can now be auto-allocated within the SEALS middle office application and uploaded in real-time into Eclipse for clearing and settlement.
Ian Kessell, Managing Director, Business Development at FFastFill, commented, "HKMEx being an innovative exchange further demonstrates our commitment to participants of the global commodity markets and to our expansion into Asia. This extension of our trading and clearing capability further demonstrates our commitment to delivering enhanced STP efficiency to our global clients."
William Barkshire, Co-President of HKMEx commented, "FFastFill has a strong presence in commodities and base-metals trading. The addition of their SEALS and Eclipse to our eco-system of middle and back-office applications complements HKMEx's plans to launch renminbi-denominated precious and base metals futures. This is a positive step for our Exchange as we continue to further reach out and engage with the global commodity futures community."