Commented Peter Green, Kyte Group Chief Executive: âWe are pleased to further build our relationship with RTS. By deploying its equities connectivity and trading tools, our clients can enjoy increased market reach for both outright trading and hedging.â
Kyteâs clients include proprietary trading firms, banks, hedge fund managers and market makers. The firm also offers institutional brokerage services.
RTS has provided Kyteâs clients with its high-performance, feature rich trading platform, the RTD Realtime Trading Desktop, along with application programming interfaces (APIs) and RTD Tango, the automated, event-based algorithmic trading engine. The RTS FIX connectivity to Merrill Lynch X-Direct enables Kyte to offer low latency, electronic access to European equities, including those listed on the LSE, OMX, and MTA. In addition, plans are underway for Kyte to add RTS-provided access to U.S. equity markets.
Darren Simons, RTS UK Sales Manager, said: âWe are delighted to expand on our relationship with Kyte and to bring our highperformance, multi-asset class technology together with Merrill Lynchâs low-latency DMA.â