Galaxy Derivatives Implements Itivity Solution for Options Market Making in China

Itiviti and ULLINK, the recently merged global provider of multi-asset trading technology and financial infrastructure, announced that Galaxy Derivatives Company (GDC) has implemented Itiviti’s trading solution for options market making on Zhengzhou Commodity Exchange (ZCE) and Dalian Commodity Exchange (DCE). Since 2015, Galaxy Futures Co. Ltd. and Itiviti have cooperated to provide high-speed connectivity to Chinese Exchanges and facilitated trading for their mutual clients via Galaxy Futures’ memberships. Acknowledging the scale Itiviti’s solutions provide, Galaxy recently extended the use of Itiviti’s technology to GDC, its market making business division, to support the expanding options market in China. GDC is market making white sugar options on ZCE and making markets for soybean meal options on DCE using Itiviti’s trading platform.