Source: ELX Electronic Liquidity Exchange
ELX Electronic Liquidity Exchange, the new fully electronic futures exchange, announced that Realtime Systems Group (RTS), a leading Independent Software Vendor (ISV) and provider of trading systems, is the first ISV committed to provide connectivity to the new futures exchange, supporting access to the exchange for a wide range of market participants.
ELX welcomes RTS's capability of providing global institutions with access from the exchange's first day of trading. In combination with eSpeed's electronic trading system, ELX expects that RTS's suite of products will help create liquidity and lower trading costs for market participants.
RTS offers access through its Realtime Trading Desktop (RTD) portfolio including RTD Application Programming Interface (RTD-API), RTD front-end trading system, and RTD Tango, its high performance algorithmic trading system. RTS plans to initiate connectivity to the new exchange's futures products when the exchange commences operations this year.
Steffen Gemunden, Co-CEO of RTS said, "RTS looks forward to working closely with the founding members of the new exchange and other participants in order to contribute to providing unparalleled trading opportunities in the futures marketplace."