RTS to roll out high-speed access to Xetra
First Published Friday, 3 July 2009 from Automated Trader : Algorithmic Trading News
RTS rolls out Deutsche Boerse's new interfaces, the Enhanced Transaction Solution and Enhanced Broadcast Solution, along with the new Xetra Release 10.0.
Christian Zahm, Sales Director, RTS: "With this enhanced connectivity offering, we are further strengthening our position as a leading technology provider for Xetra and for algorithmic trading solutions globally."
RTS Realtime Systems Group has announced that it is one of the first technology providers to roll out Deutsche Boerse's new low latency, high-speed access interfaces, the Enhanced Transaction Solution and Enhanced Broadcast Solution, along with the new Xetra Release 10.0.
Deutsche Boerse offers traders two new dedicated high-speed interfaces that can be deployed via RTS' trading solutions. The Enhanced Transaction Solution is an asynchronous message-based interface (TCP connection) that further pushes the boundaries of low latency trading. The Enhanced Broadcast Solution (multicast connection) serves to transmit un-netted market data with significant order book depth as quickly as possible.
Traders will rely on RTS to integrate Enhanced Broadcast Solution/Enhanced Transaction Solution into their existing trading infrastructure as these new connectivity options are not available via the exchange’s front-end. The new connectivity offering can lead to a reduction by at least 50 percent in transmission times for order data sent to Xetra and back to trading participants.
Said Christian Zahm, RTS Sales Director: “RTS is proud to be among the first trading solutions providers to offer this important global roll-out along with our proximity offering. With this enhanced connectivity offering, we are further strengthening our position as a leading technology provider for Xetra and for algorithmic trading solutions globally.”
“With the newly introduced high-speed interfaces, we will enable our members to tap into new performance dimensions,“ said Jens Hachmeister, Director, Head of Xetra Operations/Infrastructure Development at Deutsche Boerse AG. “Participants will considerably benefit from our technological expertise and the existing superior infrastructure for low latency trading.”
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- Deutsche Börse to expand product offering on XIM
Deutsche Börse has announced plans to expand the scope of tradable instruments on its European platform Xetra International (XIM) market from 86 securities at present to 1,000.
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Steffen Gemuenden, CEO, RTS: “Our latency-sensitive clients – particularly those using our API and RTD Tango solutions – should benefit greatly from this new performance upgrade, giving them tools to become more successful.”
RTS Realtime Systems Group(RTS), the trading solutions provider, has announced that this month the firm will begin rolling out the first phase of a major technology initiative designed to enhance the performance of its low latency and ultra-low latency offerings....continued
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