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RTS and Fixnetix Partner to Power Low Latency Access to European Equity and Derivatives Markets

August 27, 2009

CHICAGO and LONDON, Aug. 27 /PRNewswire/ — RTS Realtime Systems Group, a leading trading solutions provider, announced today that it has teamed up with Fixnetix to provide ultra-low latency trading solutions for the high-frequency trading community accessing European equity and derivatives markets.

Fixnetix is a recognized provider of low latency market data and trading infrastructure connectivity to worldwide financial institutions on both the buy and sell side.

The partnership sets a new performance standard, providing proven end-to-end technology by combining best-of-breed data centre networks, ultra high-performance market data, a wide coverage of state-of-the-art exchange and liquidity pool gateways, extended order routing and real-time risk management solutions.

Said Steffen Gemuenden, RTS CEO and President: “As trading volumes among high-frequency traders continue to increase dramatically and time to market is key to success, we recognized the advantage of partnering with Fixnetix, for whom fast is not good enough. We bring in our extensive knowledge in building trading solutions and real-time risk management tools for some of the most demanding players and are very pleased to team up with an equally customer- and performance-driven company.”

“Fixnetix has set the benchmark for the fastest and most reliable hosted direct market access (HDMA) service for the European equities and derivatives markets,” said Hugh Hughes, Fixnetix Chief Executive Officer. “RTS’ technology will enable our customers to further leverage our combined solutions, including our HDMA offering and RTS’ real-time risk management tools for hedge funds and proprietary trading houses, whilst minimising processing latency. The combined partnership has demonstrated some very impressive performance figures and volume through-put over traditional DMA providers, and our live clients include major Prime Brokers and some of the biggest high frequency trading firms deployed across Europe.”

Alex Lamb, Executive Member of the RTS Board, said: “With this alliance, RTS further increases our global footprint by expanding the audience for our low latency connectivity portfolio, order routing and extensive risk management components.”

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 Fixnetix

Fixnetix is the leading provider of low latency market data and trading infrastructure connectivity to financial institutions such as investment banks and hedge funds.

Fixnetix solutions deliver proven end-to-end performance without any buffering or loss of data, ensuring minimal latency to all major trading venues in Europe and worldwide. Fixnetix delivers data in multiple formats, with sub-millisecond transformation if required, with services provided on the wire for reduced support costs, delivery times and ease of integration.

Whether co-located as close as possible to any exchange or MTF using Fixnetix’s @Source hosting, or connecting via the company’s Ethernet and fibre network, financial institutions can leverage Fixnetix’s high bandwidth connectivity without routing or hops for lowest latency direct access.

For more information about Fixnetix, please visit www.fixnetix.com.

SOURCE RTS Realtime Systems Group


Source: newswire



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