RTS and Fixnetix team on access to European equity and derivatives markets

Source: RTS Realtime Systems Group

RTS Realtime Systems Group, a leading trading solutions provider, announced today that it has teamed up with Fixnetix to provide ultra-low latency trading solutions for the high-frequency trading community accessing European equity and derivatives markets.

Fixnetix is a recognised provider of low latency market data and trading infrastructure connectivity to worldwide financial institutions on both the buy and sell side.

The partnership sets a new performance standard, providing proven end-to-end technology by combining best-of-breed data centre networks, ultra high-performance market data, a wide coverage of state-of-the-art exchange and liquidity pool gateways, extended order routing and real-time risk management solutions.

Said Steffen Gemuenden, RTS CEO and President: "As trading volumes among high-frequency traders continue to increase dramatically and time to market is key to success, we recognised the advantage of partnering with Fixnetix, for whom fast is not good enough. We bring in our extensive knowledge in building trading solutions and real-time risk management tools for some of the most demanding players and are very pleased to team up with an equally customer- and performance-driven company."

"Fixnetix has set the benchmark for the fastest and most reliable hosted direct market access (HDMA) service for the European equities and derivatives markets," said Hugh Hughes, Fixnetix Chief Executive Officer.

"RTS' technology will enable our customers to further leverage our combined solutions, including our HDMA offering and RTS' real-time risk management tools for hedge funds and proprietary trading houses, whilst minimising processing latency. The combined partnership has demonstrated some very impressive performance figures and volume throughput over traditional DMA providers, and our live clients include major Prime Brokers and some of the biggest high frequency trading firms deployed across Europe," he added.

Alex Lamb, Executive Member of the RTS Board, said: "With this alliance, RTS further increases our global footprint by expanding the audience for our low latency connectivity portfolio, order routing and extensive risk management components."

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