RTS Realtime Systems Group, a leading trading solutions provider, announced today that it will offer direct market access (DMA) and sponsored market access (SMA) to a broad range of new major U.S. equity venues.
With the new technological offering, RTS now offers DMA across asset classes and continents.
The broadened U.S. equity access rounds out RTS' worldwide equity offering that already includes European venues such as BATS Europe, Chi-X, Nasdaq OMX Europe, Turquoise and NYSE Arca Europe, in addition to the major U.S. and European equity exchanges such as NYSE Euronext, Nasdaq, the London Stock Exchange and Xetra. RTS is one of the leading technology providers to the global trading community.
With the addition of a New Jersey-based data center powered by Equinix, RTS now provides a local hub for U.S. equity exchanges and liquidity venues in the Tri-State area.
Initially for the new U.S. effort, RTS will soon offer DMA to BATS, NYSE Arca and Nasdaq OMX, with more venues to follow. Traders will have access in a low latency environment to more than 60 international trading venues as local data centers in key financial markets are linked up into a global data center infrastructure.
RTS already provides SMA solutions in multiple markets in Europe, the U.S. and Asia on behalf of prime brokers and clearers.
Hosted RTS technology solutions, including the algorithmic trading platform RTD Tango, enable market participants globally to access cash and derivatives markets in a high-speed, low latency environment while keeping trading and infrastructure costs under control.
Alex Beausang, Senior Vice President, Sales at RTS in New York, said: "While we are very pleased to now offer DMA to several key U.S. equity venues, our offering goes beyond providing solely low latency access. Besides generic order management capabilities, our core technology imbeds risk management components, smart order routing and our popular proprietary API connectivity."