TLX S.p.A, Italy’s first regulated exchange for retail investors, has signed a six-year agreement with OMX Technology to build a trading platform based on OMX CLICK XT. The agreement includes licensing and project management support from OMX as well as full technical operation of CLICK XT.
TLX has been an OMX Technology customer since 2000 when it implemented OMX’s entry-level exchange trading system, STRIDE.
“We are absolutely delighted that TLX has selected an OMX solution for the next phase of its growth,” says Markus Gerdien, President of OMX Technology. “Continuing to work with existing customers who upgrade from one product to the next demonstrates the quality of technology and we look forward to working closely with TLX during their next phase of growth in the new European legislative environment,”
Alessandro Zignani, Managing Director of TLX, says he is convinced that he has chosen the best solution. “We believe that the new platform will enable TLX to grow its business and take advantage of the opportunities offered by the new European legislation,” he says. “TLX plans to expand its services to European banks and brokers, serving them more efficiently, through the new OMX platform.”