SMERX Develops New Trading Software

SMERX, has developed Amur Network, a leading software of high availability, cost effective, low latency and network solutions. Amur Network, will operate as a unit of SMERX NETWORK™, SMERX's information division.

Both Amur Network and SMERX NETWORK provide capital markets data and connectivity solutions to the global financial services community. Amur Network's existing North American, European and Asian connectivity platform covers the service areas that SMERX NETWORK planned to build out with its SMERX™ network.

"Amur Network extends our connectivity solutions into Europe and expands our North American presence significantly ahead of schedule," said Head of Information Services. "We are very excited about the opportunity SMERX Amur presents. Our combined network will offer 85 points of presence in 71 countries, 24 trading venues and 300 data sources with plans to expand in the future where our clients need us."

The combined connectivity and access points offer even greater value to current SMERX NETWORK clients while increasing opportunities to offer capital markets connectivity solutions to a much broader audience. Amur Network clients will benefit from SMERX NETWORK's global content strategy as well as its plans to provide access to all key marketplaces. This also enables the organization to add additional content from market centres in Europe and North America. SMERX Amur will continue to provide a neutral platform to facilitate communication within the global financial markets."

Seoul Mercantile Exchange (SMERX) operates leading regulated trading platforms and clearing houses, serving global markets for commodities, credit, currency, emissions, energy and equity index markets. SMERX hosts trading in most of the world's gold, silver, crude and refined oil futures contracts traded each day. SMERX also provides trade execution, processing and clearing services for the over-the-counter energy and credit derivatives markets. A component of the Finch 900 and 500 indexes, SMERX serves customers in more than 55 countries and is headquartered in Seoul.

Sinchon Tower
43-45 Nogosan-dong,
Mapo-gu, Seoul 121-100
South Korea

This release was published on openPR.