LONDON and FRANKFURT, Germany, May 22, 2012 /PRNewswire/ -- RTS Realtime Systems Group (RTS), a leading global trading solutions provider, today announced that it is preparing for full support of Eurex's new trading system. With this support, RTS will help global clients achieve an easy transition to the new system Eurex will introduce in December, pending approvals.
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RTS will run both the old and new systems in parallel so that its clients will be ready for the transition to the new architecture from day one, able to take advantage of the full functionality offered as each phase launches.
Christian Zahm, RTS Sales Director for Europe, said: "We are ideally suited to help clients through this transition because we will support all facets of the new architecture as well as all of the existing components needed through each phase. We can save our hosted and non-hosted clients significant time and resources by managing the transition on their behalf."
RTS will support all native Eurex order types and functionality, including the over-the-counter (OTC) functionality, which can be accessed via Eurex's FIXML Clearing API. Through the firm's lightweight trading front-end RTD Trader, clients will be given access to Eurex as well as other Deutsche Boerse markets. RTS' robust and fully ESMA (European Securities and Markets Authority) compliant pre-trade risk management system and a complete hosting package are available for clients who prefer a comprehensive solution for seamless migration to the new architecture.
Alexander Kranz, Managing Director for Europe, said: "Last year, we re-located our data center in Frankfurt to the same new, state-of-the-art Equinix facility Eurex and Xetra are using for co-location. This enables our latency-sensitive clients to continue enjoying the fastest access to Eurex and Xetra markets. Our hosted offering, combined with the trading tools for different types of exchange members, form a powerful solution, enabling our clients to concentrate on trading rather than infrastructure issues."
For more information on the Eurex NTA, please visit: http://www.eurexchange.com/technology/new_trading_architecture_en.html
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 65+ 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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