RTS to Roll Out High-Speed Access to Xetra

By Prne, Gaea News Network
Wednesday, July 1, 2009

CHICAGO and FRANKFURT -

- One of First Technology Providers to Offer New Optional Access for High Frequency Traders along with New Xetra Platform 10.0

RTS Realtime Systems Group, a global trading solutions provider, announced today that it is one of the first major technology providers to globally roll out Deutsche Boerse’s new low latency, high-speed access interfaces, the Enhanced Transaction Solution and Enhanced Broadcast Solution, along with the new Xetra(R) Release 10.0.

Deutsche Boerse offers traders two new dedicated high-speed interfaces that can be seamlessly deployed via RTS’ trading solutions. The Enhanced Transaction Solution is an asynchronous message-based interface (TCP connection) that further pushes the boundaries of low latency trading.

The Enhanced Broadcast Solution (multicast connection) serves to transmit un-netted market data with significant order book depth as quickly as possible. The high-performance transmission mechanism reduces latency and provides faster access to market data.

Traders will rely on RTS to integrate Enhanced Broadcast Solution/Enhanced Transaction Solution into their existing trading infrastructure as these new connectivity options are not available via the exchange’s front-end. The new connectivity offering can lead to a reduction by at least 50 percent in transmission times for order data sent to Xetra and back to trading participants.

RTS’ proximity hosting solutions include Xetra and Eurex, allowing performance-driven traders to further profit from the combined offering, while keeping the cost under control. Said Christian Zahm, RTS Sales Director: “RTS is proud to be among the first trading solutions providers to offer this important global roll-out along with our proximity offering. With this enhanced connectivity offering, we are further strengthening our position as a leading technology provider for Xetra and for algorithmic trading solutions globally.”

“With the newly introduced high-speed interfaces, we will enable our members to tap into new performance dimensions,” said Jens Hachmeister, Director, Head of Xetra Operations/Infrastructure Development at Deutsche Boerse AG. “Participants will considerably benefit from our technological expertise and the existing superior infrastructure for low latency trading.”

RTS and Deutsche Boerse are co-hosting a Webinar on July 7 to inform customers about upcoming Eurex and Xetra releases and functionality as well as detail the necessary steps to take to participate. For more information, visit the RTS website at www.rtsgroup.net, or e-mail events@rtsgroup.net.

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 partners in Greece, India, Italy, Taiwan 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 Deutsche Boerse

Deutsche Boerse Group is one of the world’s leading service providers for the securities industry with a product and service offering for issuers, investors, intermediaries and data vendors. The Group covers the entire process chain from trading, through clearing, to settlement and securities custody. Furthermore, Deutsche Boerse offers market data, indices and analyses and is a service provider for the development and operation of IT systems.

Deutsche Boerse Group is based in Frankfurt/Main and has offices in key financial centers around the globe: in Europe in London, Luxembourg, Moscow, Paris and Zurich; in the US in Chicago and New York; and in Asia in Beijing, Dubai, Hong Kong, Singapore and Tokyo.

For more information please go to www.deutsche-boerse.com.

Source: RTS Realtime Systems Group

Ellen G. Resnick, Crystal Clear Communications, +1-773-929-9292, +1-312-399-9295, cell, eresnick at crystalclearPR.com

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