Proximity Solution for Algorithmic Traders
FRANKFURT, Germany and CHICAGO, Sept. 17 / / -- RTS Realtime Systems Group (RTS), a leading independent software vendor (ISV), announced today that it has further extended its application services provider (ASP) facilities. The new data center in Frankfurt, Germany, located in the Colt Proximity Facility, provides ultra performance and low latency connectivity to Eurex, Xetra and other leading exchanges.
The Frankfurt data center and its newly installed connectivity infrastructure - with proximity to Eurex's matching engine (physically located in the same building) achieved using cross-over cable connections - follows the successful 2005 launch of the firm's ASP Center in Chicago.
The data center initially provides ultra-low latency connectivity options to Europe's leading derivatives exchange, Eurex, and Xetra's cash market. Said Steffen Gemuenden, RTS Co-CEO: "We are able to quickly add new exchanges and intend to broaden this service for all of our 85 exchanges. For our Eurex offering, we already have several customers live since August."
Provision of the Eurex enhanced broadcast solution, the socket-based interface for high-speed transmission of un-netted market data called Eurex Socket Data Feed, is aimed at satisfying demanding algorithmic traders. RTD Tango, the RTS algorithmic trading solution, as well as the RTD Realtime Trading Desktop front-end for multi-asset class electronic trading, can be easily and quickly deployed across all markets and financial products.
RTS's ASP offering includes:
o Hardware and software installation and monitoring
o Full hosting service of exchange gateways and proximity solutions
o Best of breed architecture and hardware
o Ultra-low latency high-speed connections to leading exchanges
"Our ASP solution targets industry professionals across all firms, as minimizing latency and reducing the IT burden are key whether it is a one- person operation, a major broker, or the most advanced hedge fund," Mark Van Vugt, Managing Director for RTS in Frankfurt. "When using our services, firms can really focus on business - fast business - and less on managing technology."
About RTS Realtime Systems Group:
RTS is a leading Independent Software Vendor with nine offices worldwide and four certified distribution partners. Founded in 1992, RTS is a pioneer in the design of high performance, multi-asset electronic trading software, with thousands of user connections to more than 85 exchanges worldwide.
Through its data centers the firm provides high-speed connectivity options, state-of-the-art IT infrastructure, full service hosting and proximity solutions. www.rtsgroup.net.
Source: RTS Realtime Systems Group
Web site: www.rtsgroup.net/