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RTS introduces CME Group gateway

28 September 2010  |  2151 views  |  0 Source: RTS Realtime Systems Group

RTS Realtime Systems Group, a leading global trading solutions provider, today announced that it has released a new ultra-low latency gateway for its RTD Tango and RTD Tango Trader clients, accessing CME Group with an internal latency of 100-150 microseconds. Client feedback during Beta testing has indicated that the new connectivity, as part of an off-the-shelf algorithmic trading solution, is the fastest among those currently available.

RTD Tango is the RTS event-based algorithmic trading platform. The firm recently introduced RTD Tango Trader as a first-of-its kind comprehensive trading solution that combines the advantages of "point and click" and high-speed algorithmic trading. Both platforms are powered by the same low latency, back-end technology.

Bypassing a layer in the connectivity cycle, the new gateway achieves a 60 percent speed and performance improvement over the existing RTS interface and includes pre-trade risk checking. The time-critical order handling component is located on the Tango server, allowing orders to go straight from the RTD Tango engine into the CME iLink connectivity. The new connectivity to CME Group provides access to all of the products traded on the Globex electronic platform.

Said Steffen Gemuenden: "We are seeing internal latency on the new RTD Tango and RTD Tango Trader CME gateway ranging from 100 microseconds to 150 microseconds. This streamlined connectivity, which we plan to introduce later this year at other major exchanges globally, is the next step in our commitment to providing the fastest, most reliable exchange access possible for the world's most demanding financial institutions."

RTS recently introduced a 64-bit version of RTD Tango and RTD Tango Trader that enables clients to maximize the power of their hardware capabilities, further improving throughput and reducing latency. This feature is particularly appealing to clients performing extreme stress testing or back-testing hundreds of strategies simultaneously using full historical tick data.

 

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