Acción Traders Expands RTS' Technology

17 December 2008

RTS Realtime Systems Group (RTS), a leading trading solutions provider, announced that Acción Traders, an Amsterdam-based independent trading company, has begun deploying additional RTS technology for its arbitrage trading operations. The agreement provides Acción Traders with RTS' algorithmic trading platform, RTD Tango, along with direct market access (DMA) to a key liquidity pool.

Acción Traders, a proprietary trading firm formerly known as Binck Securities, has selected RTS' algorithmic trading solution RTD Tango to support the firm's growing algorithmic trading operations.

Acción Traders has been deploying RTS' low latency connectivity and trading solutions since late 2007. The new agreement also enables Acción Traders to extend its reach with DMA to Nasdaq OMX, a European liquidity pool with pan-European routing.

Said Peter van Reenen, Managing Director at Acción Traders: "RTS has been a reliable partner so it was natural for us to turn to the firm for a technology solution that would support gaining access to an important new liquidity pool for execution of our arbitrage strategies."

"We are pleased to help clients like Acción Traders build on their success with additional solutions that enable them to broaden their reach and grow their business," said Sudhir Chotoe, Sales Director at RTS Amsterdam. "Our low latency solutions and client-server connectivity offer the speed and efficiency to enhance Acción's arbitrage capabilities."

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