LONDON, Jan. 9, 2013 /PRNewswire/ -- RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today that it will offer connectivity to Nasdaq OMX NLX ("NLX"), the new London interest rate derivatives market. NLX will offer a range of both short-term interest rate (STIRs) and long-term interest rate (LTIRs) euro- and sterling-based listed derivatives products, pending Financial Services Authority approval.
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RTS will provide low latency connectivity to NLX through its hosted offering in the London data centre. The firm will also support clients serving as market makers in the new NLX futures and spread products, using RTD Tango, RTS' algorithmic trading platform. As RTS offers connectivity to more than 135 marketplaces globally, the firm will also facilitate spread trading in NLX interest rates with those in other markets.
RTS' EMEA Sales Director Christian Zahm, who recently relocated to London from Frankfurt, Germany, said: "We are pleased to build on our relationship with Nasdaq OMX by committing fully to support the establishment and growth of NLX as a key market in Europe. Our dedicated sales, support and development team in London will lead the effort in supporting the new exchange on behalf of our firm and clients."
Charlotte Crosswell, chief executive officer of NLX said: "We are pleased to have RTS connecting to the NLX market and providing access to clients. A core part of the NLX offering is working with established and trusted partners to supply our customers with solutions to access and trade the market."
About RTS Realtime Systems Group
RTS (www.rtsgroup.net) delivers high-performance, end-to-end technology products and services across asset classes and continents to elite financial institutions and commodity trading houses. The firm is a global leader in robust electronic trading software, connectivity, hosting, matching and risk management solutions. With standardized low latency connectivity gateways to 135+ exchanges and execution venues worldwide, the firm provides proximity hosting and co-location services to 80+ venues via its global data center network. The RTS infrastructure enables clients to deploy sophisticated trading strategies quickly, securely and cost-effectively throughout multiple trading desks and sites. RTS has offices in Amsterdam, Chicago, Frankfurt, Hong Kong, London, Mumbai, New York, Pune, Singapore and Sydney.
SOURCE RTS Realtime Systems Group
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