Acción Traders expands use of RTS Technology
RTS Realtime Systems Group (RTS), a trading solutions provider, announced that Acción Traders, an Amsterdam-based independent trading company, has begun deploying additional RTS technology for its arbitrage trading operations.
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The agreement provides Acción Traders with RTS' algorithmic trading platform, RTD Tango, along with direct market access (DMA) to a key liquidity pool.
Acción Traders, a proprietary trading firm formerly known as Binck Securities, has selected RTS' algorithmic trading solution RTD Tango to support the firm's growing algorithmic trading operations.
Acción Traders has been deploying RTS' low latency connectivity and trading solutions since late 2007. The new agreement also enables Acción Traders to extend its reach with DMA to Nasdaq OMX, a European liquidity pool with pan-European routing.
Said Peter van Reenen, Managing Director at Acción Traders: "RTS has been a reliable partner so it was natural for us to turn to the firm for a technology solution that would support gaining access to an important new liquidity pool for execution of our arbitrage strategies."