Published On: Wed, Oct 20th, 2010

Commodity Dynamics Announces Authorization as an Approved IT Service Provider By SMX

Commodity Dynamics Ltd (CDL) announces authorization as an approved IT service provider by Singapore Mercantile Exchange (SMX), the first pan-Asian multi-product commodity and currency derivatives exchange. CDL offers ‘Electrum’, the next generation commodity trading platform for commodity brokers, traders, manufacturers and end-users designed specifically for physical and derivatives risk management.

Mr. Thomas J. McMahon, Chief Executive Officer of SMX, said: “SMX appreciates Commodity Dynamics Ltd’s technology services and commitment to the commodity markets. CDL’s specialization in commodity trading platforms and derivatives risk management will create mutually-beneficial developments for growth in line with global trading requirements.”

“We wish the SMX team every success with the launch of the exchange and are pleased to be able to offer direct access to the market.” said Nigel Arthur, CEO of CDL.

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