Proximity Solution for Algorithmic Traders
RTS Realtime Systems Group (RTS), a leading independent software vendor (ISV), announced today that it has further extended its application services provider (ASP) facilities. The new data center in Frankfurt, Germany, located in the Colt Proximity Facility, provides ultra performance and low latency connectivity to Eurex, Xetra and other leading exchanges.
The Frankfurt data center and its newly installed connectivity infrastructure â with
proximity to Eurexâs matching engine (physically located in the same building)
achieved using cross-over cable connections â follows the successful 2005 launch of the firmâs ASP Center in Chicago.
The data center initially provides ultra-low latency connectivity options to Europeâs
leading derivatives exchange, Eurex, and Xetraâs cash markets. Said Steffen
Gemuenden, RTS Co-CEO: âWe are able to quickly add new exchanges and intend to broaden this service for all of our 85 exchanges. For our Eurex offering, we already have several customers live since August.â
Provision of the Eurex enhanced broadcast solution, the socket-based interface for
high-speed transmission of un-netted market data called Eurex Socket Data Feed, is aimed at satisfying demanding algorithmic traders. RTD Tango, the RTS algorithmic trading solution, as well as the RTD Realtime Trading Desktop front-end for multiasset class electronic trading, can be easily and quickly deployed across all markets and financial products.
RTSâs ASP offering includes:
Hardware and software installation and monitoring
Full hosting service of exchange gateways and proximity solutions
Best of breed architecture and hardware
Ultra-low latency high-speed connections to leading exchanges
âOur ASP solution targets industry professionals across all firms, as minimizing
latency and reducing the IT burden are key whether it is a one-person operation, a
major broker, or the most advanced hedge fund,â Mark Van Vugt, Managing Director for RTS in Frankfurt. âWhen using our services, firms can really focus on business â fast business - and less on managing technology.â