RTS, FIXNETIX PARTNER TO OFFER HIGH-FREQUENCY TRADING SOLUTION

Posted August 28, 2009

CHICAGO and LONDON – Trading solutions provider RTS Realtime Systems Group has partnered with market data and trading infrastructure connectivity provider Fixnetix to provide ultra-low latency trading solutions for high-frequency traders in European equity and derivatives markets.

“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,” says Steffen Gemuenden, CEO and President of RTS. “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.“

The partnership of RTS and Fixnetix combines 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.

“Fixnetix has set the benchmark for the fastest and most reliable hosted direct market access (HDMA) service for the European equities and derivatives markets,” says 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 minimizing 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.”