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Bloomberg buys RTS Realtime Systems

09 July 2014  |  8247 views  |  0 Buy Road sign

Bloomberg has acquired market connectivity and trading technology firm RTS Realtime Systems. Financial terms of the deal were not disclosed.

Bloomberg says RTS's global network of data centres will broaden its exchange connectivity. Meanwhile, RTS's multi-asset trading systems and services will give Bloomberg's global clients faster, more reliable access to liquidity venues around the world.

Dan Doctoroff, president and CEO, Bloomberg, says: "RTS's strength in market connectivity is a perfect complement to our experience in data, analytics and order management. As we continue to enhance our enterprise and trading solutions, incorporating RTS's premier exchange connectivity and talented team will provide tremendous value to our clients."

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