19.10.2011
BT Radianz Community expands reach to exchanges in Ukraine and Kazakhstan
British Telecommunications plc (BT)
Global investor community to benefit from fast, cost-effective access to the exchanges’ market data
BT today announced that the Ukrainian Exchange, the derivatives and stock exchange of Ukraine, and the Еurasian Тrade System (ETS) Exchange, a Kazakhstan-based commodity exchange, have joined the BT Radianz community to provide international investors with access to their market data.
This is the first time that the exchanges’ data feeds will be distributed to a global community via external connectivity capabilities.
This will allow international investors to capitalise on the opportunities in these emerging markets through fast, secure and cost-effective access to these exchanges. This deal is an extension of the existing relationship between BT and the Russian Trading System (RTS) Stock Exchange.
Denis Avetisyan, head of Market Data, RTS Stock Exchange, said: "The Ukrainian Exchange and ETS Exchange will now join a community of over 15,000 BT Radianz member sites, which marks a significant step towards opening up the markets to global investors. BT was chosen as the first external connectivity provider to the Exchanges because of its commercial expertise, neutrality and unrivalled global reach."
Andy Nicholson, president, global banking & financial markets, BT, said: "Ukraine and Kazakhstan are key growth markets. The expansion of our BT Radianz community cloud into these regions is a natural progression for our offering and further underscores our commitment to serving the emerging markets."
The Ukrainian Exchange was established in 2009 by RTS and participants in the Ukrainian securities market to increase the competitiveness of Ukrainian financial markets and to attract both international and domestic capital. The Ukrainian Exchange offers trading in futures and options and it is now the biggest exchange in the Ukraine accounting for 95 per cent of equity trading in the region (as of July 2011).
The ETS Exchange was established by RTS and the Almaty City Regional Financial Centre in Kazakhstan in 2009. It offers spot and futures trading of commodities, including grain and fuel futures, as well as index futures trading based on its commodities index.