FRANKFURT, Germany, February 19 /PRNewswire/ --
- Solution Provider Hits Another Milestone
RTS Realtime Systems Group, a leading trading solutions provider, announced today that it is the first trading solutions provider that has passed the conformance test for the NYSE Euronext Universal Trading Platform's Common Customer Gateway via UTP-Direct protocol. The newly designed Universal Trading Platform replaced the market platform NSC for NYSE Euronext's European cash regulated market.
On December 8, 2008, all European bonds were transferred onto the new trading platform. The migration of equities and ETFs was completed on February 16, 2009. The Universal Trading Platform will also power NYSE Euronext's new pan-European MTFs, NYSE Arca Europe and the company's U.S. equities trading platform.
When the roll-out of the Universal Trading Platform on all NYSE Euronext markets is completed, traders will benefit from the new platform's advanced features, which include greater speed and efficiency, to trade cash and derivatives products across Europe and the United States. RTS will offer customers direct access through the low-latency UTP-Direct protocol to all of NYSE Euronext's markets trading on the Universal Trading Platform. The protocol will be available through RTS data centers, providing true direct market access.
RTS, a provider which recognizes the importance and value of providing technology hosting and proximity services, offers traders the ability to deploy the event-driven RTS algorithmic trading application RTD Tango out of its global data centers to further enhance performance and reduce costs.
Sudhir Chotoe, Sales Director at RTS, said: RTS offers a true cutting-edge solution package that enables traders to benefit from innovative algorithmic trading solutions, profit from turnkey hosting services and access a wide range of trading instruments asset classes across the world.
Anthony Attia, Executive Director and Head of the Universal Trading Platform Program at NYSE Euronext, said: The Universal Trading Platform offers our customers a new-generation electronic trading platform, providing additional functionalities, increased capacity and lower latency. We are pleased to see RTS's early involvement in providing our customers with the UTP-Direct protocol. This new protocol enables our customers to benefit from the lowest possible trading latency on the Universal Trading Platform.
About RTS Realtime Systems Group
RTS is a leading trading solutions provider with offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm and Sydney, and distribution partners in Greece, India, Italy, Japan and Taiwan. 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.
For more information, please visit www.rtsgroup.net.
About NYSE Euronext
NYSE Euronext (NYX) offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions. Spanning multiple asset classes and six countries, NYSE Euronext's exchanges include the New York Stock Exchange, NYSE Liffe, Euronext and NYSE Arca.
For more information, please visit www.euronext.com.
Ellen G. Resnick, Crystal Clear Communications, +1-773-929-9292, cell, +1-312-399-9295, eresnick@crystalclearPR.com