Wednesday, 22 October 2008

RTS Realtime And Shinyoung In Korean Connectivity

RTS Realtime Systems Group (RTS), a leading trading solutions provider, and Shinyoung Securities Company Ltd., a leading brokerage firm in Korea, announced today that they have signed an agreement to provide direct market access (DMA) to the Korea Exchange, the third largest derivatives exchange globally by volume. Under the agreement, RTS is able to offer its clients access to the KOSPI index options, the leading exchange-traded derivative contract by volume, as well as KOSPI 200 index futures and the underlying cash markets.

Henk Huitema, RTS Managing Director, Asia Pacific, said: "We have been steadily increasing our connectivity and presence in Asia as our clients' interest in the region continues to grow. We are especially pleased to join with Shinyoung in offering our clients high-speed, low latency access to the rapidly growing Korea Exchange and its enormously popular futures and options contracts. We look forward to offering more connectivity and our RTD Tango algorithmic trading solution throughout the Asia Pacific region."

Said Ike Lee, Head of Sales, Shinyoung Securities: "We believe that RTS is one of the most efficient and fastest channels for non-Kospi traders to get into the Korean market. We strive to provide our customers with the best solutions to help them maintain their competitive edge."

RTS clients using the RTD Realtime Trading Desktop can price, trade and quote on over 100 exchanges worldwide. RTD Tango is an event-based automated algorithmic trading system, enabling users to code, deploy and test thousands of trading strategies simultaneously. Since its inception in 2005, RTD Tango has been widely used by the brokerage and proprietary trading community across the globe.

No comments: