FRANKFURT, Germany & NEW YORK–(BUSINESS WIRE)–Dec. 2, 2003–RTS Realtime Systems Group has signed a contract to use Radianz’s market infrastructure, RadianzNet, to distribute its new RTDConnect product to financial professionals worldwide.
RTD Connect enables proprietary traders, brokers, day traders, and hedge funds to trade on the world financial markets without individual exchange memberships, using a receiving broker or investment bank. Exchange members can act as a receiving broker for several exchanges and provide other RTS customers a secure, reliable and fast means to trade on those markets.
Steffen Gemuenden, member of the Board at RTS said, “Our agreement to use RadianzNet is a major milestone in the launch of RTD Connect that will enable us to offer new opportunities and choice for our common customers in terms of order routing and trading networks, as compared to existing solutions.
“One of the key reasons we chose Radianz is RadianzNet is connected to nearly 10,000 financial services sites around the world, including many that we see as customers for RTD Connect.”
Michael Haney, senior analyst with Boston-based research and advisory firm Celent, said, “Once again, Radianz has demonstrated its power to quickly and cost-effectively provide access to content, functionality and, most importantly, its massive base of financial services customer sites worldwide, including banks, brokerages, asset managers, fund managers, and more. By offering access to the new RTD Connect product from RTS, Radianz continues to extend its set of available offerings with another industry-leading solution.
“Europe owes its highly automated and electronic financial markets environment in large part to forward-looking technology providers like RTS. As a result of RTS’ agreement with Radianz, many firms that were previously unable to reach Europe’s markets and beyond will gain access to them.”
RTS’ customers can use the existing infrastructure of RadianzNet to link to RTD Connect. RadianzNet is the leading fully-managed, global financial extranet that is used today by nearly 120 providers of financial services, including RTS, to distribute mission-critical applications to 10,000 financial services sites around the world.
About The Companies
RTS Realtime Systems Group (www.rtsgroup.net) is a leading independent software vendor with local sales and support offices in the financial centers of Amsterdam, Chicago, Frankfurt, London, New York, Paris, Sydney, and a logo partner in Athens. RTS has established itself as one of the market leaders in electronic trading software for futures, options and equity traders.
In business since 1992 as a privately held and profitable company, RTS has more than 10 years of experience in developing software to trade on electronic exchanges. As one of the pioneers in the industry, RTS has developed a suite of products for market makers, proprietary traders, brokers, and day traders, including the RTD Quote Machine(R), the RTD Electronic Eye(R) and its basket trading system. With more than 3,000 user licenses and connections to almost 50 exchanges around the world, RTS has secured a remarkable position on the world stage.
By offering an integrated trading, risk management and pre-execution limit control system, the RTD software products provide a comprehensive solution for trading on different exchanges worldwide from a single window. Trading, speed, reliability, a proven track record, and world-class trading functionality have made RTD an outstanding product in the industry.
Radianz (www.radianz.com) is an independent company with the world’s largest Internet Protocol (IP)-based network for the global financial services industry. The company uses its network, a global financial extranet called RadianzNet, to provide superior IP connectivity and services designed to meet the demands of professionals in the finance community. Radianz was established by Reuters (RTR.L) and Equant (NYSE: ENT) (Euronext Paris: EQU) in June 2000.
Radianz and the lighthouse logo are trademarks of the Radianz group of companies worldwide.
