RTS Realtime Systems Group, a leading global trading solutions provider, announced today that it is now offering direct access to the London Metal Exchange (LME) from the RTS data center hub in London.
LME, the world's premier non-ferrous metals market for more than 130 years, offers futures and options contracts for aluminium, copper, nickel, tin, zinc, lead, aluminium alloy, steel billet, plastics and, from next year, the minor metals cobalt and molybdenum.
As a multi-asset class trading solutions provider, RTS has been offering access to LME since the launch of the LMEmini in 2006. Traders around the world will now have access to LME in a low latency environment with RTS local data centers in key financial markets - including London, Frankfurt, New York, Chicago and soon Singapore - linked into a global data center infrastructure.
Hosted RTS technology solutions, including the algorithmic trading platform RTD Tango, enable traders globally to access LME in a high-speed, low latency environment while keeping trading and infrastructure costs under control.
As LME announced growth in trading volumes for the first half of 2009, RTS has experienced a rising demand for high-speed access to LME coming out of Asia, as well as the United Kingdom.
"We are delighted to add RTS as an approved independent software vendor. This will further increase the accessibility for users to trade LME non-ferrous metals, steel billet, plastics, and minor metals futures contracts on LMEselect, the Exchange's proprietary electronic trading venue," said Martin Abbott, LME CEO.