LONDON and CHICAGO - RTS Further Strengthens Coverage to European Equity Venues
RTS Realtime Systems Group, a leading trading solutions provider, announced the successful completion of conformance testing to provide connectivity to BATS Europe, a fast-growing European multilateral trading facility (MTF) owned by BATS Global Markets.
BATS Europe currently offers trading in more than 800 of the most liquid European securities. Participants include proprietary trading houses, bulge bracket brokers and smaller broker dealers.
To access the BATS Europe trading platform, RTS customers can utilise the firm’s Realtime Trading Desktop (RTD) portfolio, including the RTD-API’s, the RTD front-end trading system, and RTD Tango, the high-performance automated algorithmic trading solution.
Said Steffen Gemuenden, RTS CEO and President: “RTS is pleased once again to provide access to an important new trading venue that offers our customers valuable trading choices throughout the European equity marketplace. We also look forward to upcoming connectivity to BATS Exchange in the US.”
Paul O’Donnell, Chief Operating Officer of BATS Europe, said: “Like BATS Exchange in the US, our goal is to Make Markets Better with a trading platform where all market participants are welcome and can successfully employ their trading strategies. With access to the growing pool of liquidity on our market now available via RTS, we encourage RTS’ customers to subscribe to BATS Europe quickly to begin benefitting from our high performance, low latency trading platform.”
BATS Europe recently announced continued growth, hitting one-day market share highs for the FTSE100 (3.9% on April 28), CAC40 (4.16% on April 16), DAX (3.75% on March 24) and Amsterdam AEX (3.80% on April 15) indices. BATS Exchange is the third largest US securities exchange, with 10-12% matched market share.
BATS Europe will soon join RTS for its European “MTF Roundtable Series” hosted in Frankfurt (May 19), Amsterdam (May 20) and London (June 10). For more information please visit www.rtsgroup.net or email info@rtsgroup.net.
About RTS Realtime Systems Group
RTS is a leading solutions provider with offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm, Sydney, and distribution partners in Greece, India, Italy and Japan. Founded in 1992, RTS is a pioneer in the design and creation of high performance, functionally rich, multi-asset electronic trading software, with thousands of user connections to over 100 exchanges and liquidity pools.
For more information, please visit www.rtsgroup.net
About BATS
BATS Global Markets (BATS) is an innovative global financial markets technology company headquartered in the Kansas City, Mo., area with additional offices in New York and London.
The BATS platform was launched in January 2006 and, operating as BATS Exchange, Inc., is one of the fastest growing, top tier equity markets in the United States. BATS serves the European market through its London based, FSA-authorised subsidiary, BATS Europe, which operates a Multilateral Trading Facility for European securities.
The BATS platform is internally developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community.
For further information, please visit www.batstrading.com
Source: RTS Realtime Systems Group
Ellen G. Resnick of Crystal Clear Communications, +1-773-929-9292 (o), +1-312-399-9295 (c), eresnick at crystalclearPR.com
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