Trayport(R) Exchange Systems Goes Live with SIBEX

By Trayport, PRNE
Tuesday, January 5, 2010

LONDON, January 6 - Trayport Exchange Systems today announced that Sibiu Monetary Financial
and Commodities Exchange (SIBEX) in Romania has gone live with Trayport's
Exchange Trading System for the trading of single stock, interest rate,
currency and gold futures and options.

Trayport's Exchange Trading System gives SIBEX a market leading exchange
matching engine that fully supports the further development of its futures
and options market in Romania. The new system will also allow brokers in
Eastern Europe easy access to SIBEX to trade single stock, interest rate,
currency and gold futures and options. SIBEX is also planning to launch
Contract for Difference (CFD) market during 2010 using Trayport's Exchange
Trading System.

"SIBEX chose to use Trayport's Exchange Trading System to support our
requirement for a fast reliable system that can handle large trading
volumes," said Darius Cipariu, Deputy Managing Director of SIBEX. "We had
built our own platform and, although we kept upgrading, we found that as our
exchange grew the system was becoming too limited. Trayport provides a
platform that comfortably supports our requirement for 5000 or more trades
per day and will also enable us to establish new markets very quickly. This
is vital to SIBEX."

Since entering the agreement with Trayport, SIBEX has introduced its own
web based front end trading platform and clearing system connecting to the
Trayport Exchange Trading System using Trayport's Risk API.

"Our web based trading platform will enhance our trading capability,"
explained Darius Cipariu. "The fact this is backed by a reliable matching
engine like Trayport's Exchange Trading System can only be a major benefit.
It means that with over 40 brokerages as clients, each having up to 1000
retail clients, we are very well positioned to expand into new asset classes
whilst continuing to support our existing clients."

"Trayport Exchange Systems is excited to be selected by SIBEX to provide
the trading platform to support its continued expansion. The go-live of our
exchange platform in Romania demonstrates the significance and growth of
Eastern European exchange markets. The integration work that SIBEX has
completed has been well designed and will allow it to expand its business and
market significantly into other asset classes including FX, indexed futures
and CFDs," said Adrienne Muir, Head of Trayport Exchange Systems.

Marcel Kay, Trayport, +44-(0)207-960-5500, marcel.kay at trayport.com

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