SunGard has extended its ASP-based market connectivity services, adding the Johannesburg Stock Exchange Derivatives Market. SunGard's Valdi Market Access services can help exchange members and their direct market access clients access and trade on 110 markets worldwide from any SunGard workstation or FIX-enabled application. The extended service will help South African and international firms access and trade JSE Derivatives.

Valdi Market Access services will allow exchange members to outsource the activities involved in procuring and managing the hardware, software and telecommunication links required for market access.

Warren Geers, general manager of derivatives trading at the JSE, said, "The JSE has been working with SunGard for many years to provide market participants with enhanced market access and trade processing, and has used SunGard's gateway to provide trading on the equity marketplace since 2001. SunGard's new ASP-based market connectivity for JSE Derivatives will help facilitate greater access to our derivatives products - futures and options on soft commodities, currency and equities - which have been growing steadily."