RTS and MB Trading partner for US trading
17 May 2002 | 856 views | 0
RTS Realtime System Group and MB Trading have entered a partnership to provide European investors with trading access to US stocks.
Under the agreement, all RTS customers of the RTD and eRTD trading systems will be able to route orders to US stock markets and ECNs via MB Trading's MBTX Smart Route system.
The MBTX Smart Route enables every customer to find the best possible execution with the click of one button. Each order entered through the MBTX Smart Route is automatically and simultaneously sent to numerous pools of liquidity. These include Nasdaq, NYSE, Amex, Archipelago, Island, Redibook, Instinet, Brut, SuperSOES, Globenet and ISI.
According to Mitu Shah, chief technology officer of MB Trading and former lead programmer of Archipelago ECN, MBTX Smart Route offers users faster execution, maximised execution options and minimal slippage.