The APX – which is owned by Australia-based Aims Financial Group – has taken delivery of the new trading system, which will provide APX investors access to “offer multiple asset classes in multiple currencies, indexes and high volume trading capacity”.
“After announcing in June this year that we had signed with NASDAQ and aimed to roll out the X-stream trading system by the end of this year, we are very pleased to have taken delivery of the new system on schedule. Testing with our market participants will commence shortly,” David Lawrence, APX chief operating officer said.
“NASDAQ X-stream has the state-of-the-art capability, robustness and scalability to provide the right trading platform for our growth market as we expand our presence throughout Asia from our Australian base.
“Its imminent operational deployment is another sign of our commitment to building an industry leading and groundbreaking new pan-Asian trading platform,” Mr Lawrence said.
