RTS and NYSE Arca Europe Team Up on Joint Marketing Initiative for European Equity Trading
By Prne, Gaea News NetworkMonday, September 7, 2009
CHICAGO and FRANKFURT -
RTS Realtime Systems Group, a leading global trading solutions provider, today announced that it has teamed up with NYSE Arca Europe, the pan-European Multilateral Trading Facility (MTF) launched by NYSE Euronext (NYX), on a joint marketing initiative following a surge of interest in access to the marketplace. Under the program, existing clients of RTS who do not yet trade on NYSE Arca Europe can quickly and easily gain low latency access to the market and benefit from sponsorship by RTS and the MTF of key technology costs.
NYSE Arca Europe provides high-speed access to the most liquid European stocks from 11 countries. RTS, one of the leading providers of direct access to European equity markets, offers connections to more than 100 equity, futures, fixed income and options marketplaces globally. The firm also offers hosting services for low-latency access to multiple markets via its global data center hubs.
NYSE Arca Europe and RTS will ensure a fast, cost-efficient software license process for firms to trade via RTS’ high-performance trading solutions on NYSE Euronext’s Universal Trading Platform on which NYSE Arca Europe runs. Participating firms will also be able to deploy the offering quickly in a fully hosted environment for low latency access from the RTS data center hub in London or from their own premises. The program is open to those clients not currently connected to NYSE Arca Europe in the RTS data center.
Mark van Vugt, RTS’ Global Head of Sales, said: “We are pleased to meet the growing demand for trading on NYSE Arca Europe with this joint initiative and have already signed up the first clients. Those who haven’t yet accessed this liquid market have the opportunity to benefit with a discount to our already cost-effective solutions while enjoying the high-speed, low latency access that our offering provides.”
Virginie Saade, Head of NYSE Arca Europe, added: “This new partnership initiative is another testimony to our productive relationship with RTS, the renowned trading solutions provider. We are delighted to combine expertise and resources with RTS to benefit our clients. Connectivity is a key factor for the success of our business, and access to new customers will further strengthen our membership base.”
About RTS Realtime Systems Group
RTS is a leading solutions provider with offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm and Sydney, and distribution/sales partners in Greece and Japan. Founded in 1992, RTS is a pioneer in the design and creation of high performance, functionally rich, multi-asset electronic trading software, with thousands of user connections to over 100 exchanges and liquidity pools.
For more information, please visit www.rtsgroup.net.
About NYSE Arca Europe
NYSE Arca Europe is NYSE Euronext’s pan-European Multilateral Trading Facility (MTF), providing customers with low-cost, high-speed access to the most liquid European stocks from eleven countries. NYSE Arca Europe’s offering is unique due to its integration with NYSE Euronext, combining the flexibility of an MTF with the trading expertise and resources of a leading global exchange. Featuring a central order book, NYSE Arca is operated on NYSE Euronext’s market-leading Universal Trading Platform, with a latency measured as low as 40 microseconds, averaging 140 microseconds (internal roundtrip) and the capacity to handle 100,000 orders per second.
For further information, please visit: www.nyse.com/arcaeurope
Source: RTS Realtime Systems Group
Press Contact: Ellen G. Resnick, Crystal Clear Communications, +1-773-929-9292 (o), +1-312-399-9295 (c), eresnick at crystalclearPR.com; NYSE Euronext Press Contact: +44-20-7379-2789 (London), +33-1-49-27-11-33 (Paris)
Tags: Chicagofrankfurt, Germany, Illinois, RTS Realtime Systems Group, United Kingdom