To provide access to multiple pools of global liquidity, RTS is now offering a co-located version of its algorithmic trading platform RTD Tango for low-latency access to BGCâs eSpeed platform. The set-up is designed to provide cost-effective, high-speed algorithmic trading capabilities for trading cash U.S. Treasuries on BGCâs eSpeed platform alongside U.S. Treasury futures on ELX Futures, L.P. (ELX Futures).
Said Steffen Gemuenden, CEO and President of RTS Realtime Systems: âTraders will now be able to build and deploy their alpha seeking trading strategies in a sub-millisecond environment with minimal up-front investment of time and resources. Buy- and sell-side institutions use RTD Tango to develop and execute their proprietary algorithms, leveraging their intellectual property.â
Greg Veselica, Managing Director of Buttonwood Group, LLC, a global futures trading firm, said: âWe chose RTS as our solution to trade BGC US Treasuries and ELX Futures after careful review of other providersâ offerings. RTS has the best performance, ease of programming, the most market connections available in an ASP and the quickest time to market.â Added Dave Dugan, Buttonwood COO: âRTS met our implementation time and speed to market expectations, and RTSâ technology portfolio has been highly adaptive and easy to deploy.â
âWe are pleased that RTS has joined our preferred vendor program and are encouraged to hear of their early success in deploying Tango to approved BGC customers. We look forward to working with RTS with the aim of providing access to other products available electronically on our proprietary trading platform. These currently include U.S. Treasuries, foreign exchange (FX) and International Government Bonds. Treasury futures on ELX Futures, which is scheduled to launch on July 10th, will also be available with BGC as the technology provider for ELX,â said Robert Brown, Global Head of eBusiness integration at BGC Partners.