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Driven by client demand for independent algorithmic trading and analytics services

Itarle Hong Kong

Hong Kong, 31 March 2016.

itarle AG (itarle), the provider of multi asset algorithmic trading and analytics services for the sell-side, today announced the creation of a new subsidiary, itarle (Hong Kong) Ltd plus the opening of a regional office in Hong Kong.

“Establishing a physical presence in Hong Kong is an important part of our strategic plans for 2016” - Dr. Paul Lynch, itarle CEO

This expansion continues a strong growth momentum for the company, which has been providing independent algorithmic trading services to sell side firms in the Asia Pacific region since 2007.

The opening of the Hong Kong office is as a result of client requests for increased exchange support in the region and follows the success of the Asian algorithmic trading services that itarle have deployed in the Equinix HK1 data centre.

“itarle is poised to capitalise on tremendous opportunities to expand our trading services coverage here in Asia” - David Foster, Algorithmic Trading Manager

Paul Lynch, CEO of itarle commented “Establishing a physical presence in Hong Kong is an important part of our strategic plans for 2016. We are excited to be adding to our global team in support of our growing client base.”

David Foster, Algorithmic Trading Manager, who is currently recruiting sales and operational staff commented, “itarle is poised to capitalise on tremendous opportunities to expand our trading services coverage here in Asia”. He added, “I’m looking forward to being part of this next phase of the company’s growth.”

The office will be based in Tsim Sha Tsui, Kowloon.