RTS Offers Connectivity to Chi-X


FRANKFURT, Germany and CHICAGO, July 17 -- RTS Realtime Systems Group (RTS), a leading independent software vendor (ISV), announced today that it now offers full connectivity to Instinet Chi-X® Limited, the first order driven, pan-European equity alternative trading system (ATS), which will be known as a Multilateral Trading Facility (MTF) under MiFID. The direct electronic access broadens the RTS reach into the European equities markets and further builds on the growing distribution of Chi-X.

"Our software is truly multi-asset class, providing a full range of functionality and robust performance for equities, options and futures markets," said Steffen Gemuenden, co-CEO of RTS Realtime Systems. "With the addition of Chi-X and our smart order routing capability, customers can enjoy best execution in the European equity markets, helping them to satisfy their MiFID obligations. Our cost-effective technology with global reach and high- speed fiber connectivity correspond beautifully with the Chi-X business model."

"Through the low-cost, streamlined Chi-X business model, institutional investors are able to trade European equities and achieve ultra-low execution, clearing and settlement costs," said Hirander Misra, Director, Instinet Chi-X Ltd. "We are pleased to welcome the diverse customer base of RTS to our growing base of participants and to provide access to our markets through the high-performance RTS technology."

"By accessing Chi-X from RTS screens, customers can enjoy reduced market impact by spreading their orders across several liquidity pools, and they can identify new arbitrage opportunities by trading the same instruments between different venues," Gemuenden said.

About RTS Realtime Systems Group:

RTS is a leading Independent Software Vendor (ISV) with offices in Amsterdam, Chicago, Frankfurt, London, New York, Singapore, Stockholm, Sydney, and distribution partners in Greece, India and Italy. Founded in 1992, RTS is a pioneer in the design and creation of high performance, functionally rich, multi-asset electronic trading software, with thousands of user connections to more than 85 exchanges and liquidity pools globally through its deployed trading screens and application programming interfaces (APIs). RTS' software suite includes the RTS Realtime Trading Desktop with further add-on modules, the Java-based distributable front end eRTD, as well as the automated algorithmic trading platform RTD Tango, with its full back-testing capabilities. Through its data centers, the firm provides flexible and high- speed connectivity options, state-of-the-art IT infrastructure and professional application services provider (ASP) solutions - True DMA (True Direct Market Access). RTS' client list includes many of the world's leading banks, brokers, commodity trading advisors (CTAs), hedge funds, market makers, investment firms, day trading companies, introducing brokers, exchanges and other market participants. Please visit www.rtsgroup.net. For more information, please contact: globalsales@rtsgroup.net.

About Chi-X®:

Instinet Chi-X Limited, an independent subsidiary of Instinet Europe Limited, is an FSA-authorised securities firm operating as an Alternative Trading System (ATS) and MTF (Multi-Lateral Trading Facility under MiFID) for the trading of a wide range of European equities. Instinet Chi-X is currently available for trading. For more information, please visit www.chi-x.com.

Source: RTS Realtime Systems Group

CONTACT: Ellen G. Resnick, Crystal Clear Communications,
+1-773-929-9292, +1-312-399-9295 (c), eresnick@crystalclearPR.com Web site: www.rtsgroup.net/ www.chi-x.com/

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