SINGAPORE and BANGKOK, March 8, 2012 /PRNewswire/ -- RTS Realtime Systems Group, a leading global trading solutions provider, today announced that the firm is now able to offer market access to the Thailand Futures Exchange plc (TFEX), a subsidiary of the Stock Exchange of Thailand (SET) Group.
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TFEX lists precious metal futures, including gold and silver; equity index futures; single stock and interest rate futures; recently introduced oil futures, and soon, currency futures. RTS offers connectivity across asset classes to more than 135 exchanges and markets globally.
Fueled especially by the interest in gold and the underlying arbitrage opportunities, the new RTS offering provides native connectivity to TFEX, giving RTS customers the ability to participate in one of Asia's fastest growing exchanges. Volume in the TFEX Gold futures contract grew four-fold in the last two years.
Andy Woodhouse, RTS Managing Director, APAC, said: "Asia's markets including TFEX are creating real opportunities for investors. New arbitrage opportunities across markets and easier access to the growing economies such as Thailand are all contributing to the rise in volumes in Asia. Our algorithmic trading solutions, including the RTD Tango algorithmic trading engine and the hybrid RTD Tango Trader solution, are ideally suited to detect and capture such opportunities. With customized, ready to deploy state-of-the-art algos, local and international traders can fully automate their strategies."
Kesara Manchusree, Managing Director of TFEX, said: "We are pleased to have RTS as a technology and trading access provider, illustrating that our markets are becoming increasingly attractive for international trading firms as well. As one of the growing bourses in Southeast Asia, we are continuously looking to expand and offer new products to attract the attention of traders."
Following the liberalization of brokerage licensing by the Thailand Securities and Exchange Commission, the Thailand Futures Exchange (TFEX) recently started accepting new members and welcoming new market makers.
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.
About Thailand Futures Exchange
Please visit www.tfex.co.th. Members of the media should contact the Public Relations Unit, Corporate Communications Dept.: Ladawan Kantawong, tel: 0-2229-2036 / Arada Kultawanich, tel: 0-2229-2796
SOURCE RTS Realtime Systems Group
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