Published On: Tue, May 18th, 2010

RTS Introduces Industry’s First Comprehensive Trading Solution Combining Advantages of Click and Algorithmic Trading

RTS Realtime Systems Group, a leading global trading solutions provider, announced May 17 the launch of a first-of-its kind comprehensive trading solution that combines the advantages of “point and click” and high-speed algorithmic trading. RTD Tango Trader is designed to leverage firms’ existing infrastructure and enable more brokers, traders and clients to benefit from customized algorithms.

Powered by the low latency back-end technology that supports the RTS algorithmic trading platform RTD Tango, the new solution is fully integrated into the high-performance RTS infrastructure.

Said Steffen Gemuenden: “RTD Tango Trader represents a new way of thinking about trading solutions. By using our proven RTD Tango technology as the backbone, we enable financial market participants to substantially leverage their resources — developing their own proprietary algos, and allowing their clients and traders to tap into their strategies and expertise.”

Brokers can develop their own execution algorithms, such as spreads, VWAP1, TWAP2 or smart order routing, and make them available to their clients via the Java-based RTD Tango Trader. Brokers can also take advantage of the RTS integrated low latency risk management solution with extended risk limits to ensure that the firm and client are both protected.

Traders will use the new off-the-shelf RTD Tango Trader platform to develop their own proprietary, customizable algorithms and deploy them either in an RTS-hosted or their own environment.

Trading firms can leverage their infrastructure by connecting multiple traders on RTD Tango Trader to a single back-end. They can also maximize their development resources by publishing and managing access rights to custom-made algorithmic strategies.

“RTD Tango Trader sets a new standard for trading solutions that surpasses traditional desktop applications in terms of customization, flexibility, time-to-market, speed and sophistication,” said Alex Lamb, RTS Executive Board Member.

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