RTS connects to Bats Europe

Source: RTS Realtime Systems

RTS Realtime Systems Group, a leading trading solutions provider, announced the successful completion of conformance testing to provide connectivity to Bats Europe, a fast-growing European multilateral trading facility (MTF) owned by Bats Global Markets.

BATS Europe currently offers trading in more than 800 of the most liquid European securities. Participants include proprietary trading houses, bulge bracket brokers and smaller broker dealers.

To access the BATS Europe trading platform, RTS customers can utilise the firm's Realtime Trading Desktop (RTD) portfolio, including the RTD-API's, the RTD front-end trading system, and RTD Tango, the high-performance automated algorithmic trading solution.

Said Steffen Gemuenden, RTS CEO and President: "RTS is pleased once again to provide access to an important new trading venue that offers our customers valuable trading choices throughout the European equity marketplace. We also look forward to upcoming connectivity to BATS Exchange in the US."

Paul O'Donnell, Chief Operating Officer of BATS Europe, said: "Like BATS Exchange in the US, our goal is to Make Markets Better with a trading platform where all market participants are welcome and can successfully employ their trading strategies. With access to the growing pool of liquidity on our market now available via RTS, we encourage RTS' customers to subscribe to BATS Europe quickly to begin benefitting from our high performance, low latency trading platform."

BATS Europe recently announced continued growth, hitting one-day market share highs for the FTSE100 (3.9% on April 28), CAC40 (4.16% on April 16), DAX (3.75% on March 24) and Amsterdam AEX (3.80% on April 15) indices. BATS Exchange is the third largest US securities exchange, with 10-12% matched market share.

 

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