CHICAGO, Dec. 17, 2013 /PRNewswire/ -- RTS Realtime Systems Group (RTS), a leading global trading solutions provider, and Eris Exchange, a U.S.-based futures exchange offering capital-efficient Eris interest rate swap futures, today announced that RTS clients can now enjoy direct connectivity to the Eris SwapBook™ electronic trading platform through the full range of RTS trading solutions.
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RTS clients utilize a variety of trading, risk management and hosting solutions to meet their needs. Via the new connectivity, trading and brokerage firms, as well as hedge funds and commodity trading advisors, can now leverage RTS' low latency algorithmic trading solutions to spread Eris Standard Swap Futures and against cash Treasuries and Treasury futures contracts.
RTS CEO Steffen Gemuenden said: "We're very excited to offer our clients the ability to quickly and easily integrate Eris Exchange Swap Futures into their existing yield and bond trading strategies. This connectivity will offer terrific new outright and spreading opportunities, and firms can access the products through our RTD Tango platforms or our open RTD API."
"We're thrilled that RTS is adding trading access to Eris Exchange to their existing distribution network of more than 135 derivatives, cash and futures markets," said Neal Brady, Eris Exchange CEO. "The vast RTS client base can now trade Eris futures against the deepest pools of liquidity in the world, and RTS connectivity will greatly expand access to Eris Swap Futures to a broad set of new participants with diverse hedging and investing needs."
RTS is also planning to offer access to the Eris Flex Swap Futures contracts within the next 60 days.
Gemuenden said RTS clients are interested in a futures product solution that fits into their strategies without adding the Dodd-Frank regulatory complexities that apply to OTC swaps. "Given the regulatory certainty of futures and the clever construction of the Eris contracts to mimic the flexibility of OTC interest rate swaps, these contracts have great potential to become highly liquid instruments," added Gemuenden.
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.
About Eris Exchange
Eris Exchange is a futures exchange (Designated Contract Market) subject to CFTC jurisdiction, listing cash-settled interest rate swap futures. Eris Exchange contracts are cleared by clearing firms through CME Clearing, the global leader in derivatives clearing. Eris SwapBook and Eris BlockBox are registered trademarks of Eris Exchange. For more information, visit Eris Exchange online at www.erisfutures.com or follow us on Twitter @erisfutures.
SOURCE RTS Realtime Systems Group
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