MEDIA RELEASE PR39892
RTS and Association of National Exchanges Members of India (ANMI) to Host Algorithmic Trading
Initiative in India
SINGAPORE and MUMBAI, India, June 9 /PRNewswire-AsiaNet/ --
Series of Workshops in Mumbai, Delhi, Kolkata and Hyderabad to Educate
Traders and Brokers on Algorithmic Trading Solutions
RTS Realtime Systems Group, a leading global trading solutions provider,
announced that it has teamed up with a major trade association in India on an
initiative to increase the knowledge and use of algorithmic trading solutions
among professional traders in India. The educational effort with the
Association of National Exchanges Members of India (ANMI) will include a
series of hands-on workshops on how to strategically and efficiently use
algorithmic trading.
Also known as high-speed automated trading, algorithmic trading enables
financial institutions and professional traders to execute complex trading
strategies and manage risks involving multiple orders in a fraction of a
second. This high-velocity trading technique has grown substantially in
advanced capital markets.
ANMI is the pan-India body of more than 800 members of India's two
largest stock exchanges, the National Stock Exchange of India Ltd. (NSEIL)
and the Bombay Stock Exchange (BSE). The workshops will take place in the
four regional chapters of ANMI based in Mumbai, Hyderabad, Kolkata and Delhi.
Alex Lamb, RTS Executive Board Member, said: "We are very proud to team
up with ANMI on these unique workshops on algorithmic trading. A similar
effort we undertook in Singapore with the Association of Financial and
Commodity Traders (AFACT) has been very popular and successful. "
RTS recently announced the global launch of a first-of-its kind trading
solution combining the advantages of "point-and-click" and algorithmic
trading. Called RTD Tango Trader, it is designed to leverage firms' existing
infrastructure and enable more brokers, traders and clients to benefit from
customized algorithms.
Anil Bagri, President of ANMI, said: "India has a particularly large
population of brokers and traders. Part of our mission at ANMI is to educate
all market participants to be better equipped to compete with national and
international firms. These initial workshops with RTS are part of a concerted
effort to educate our members about the latest technology innovations and
equip them with the best tools."
About ANMI (Association of National Exchanges Members of India)
ANMI (www.anmi.in) is a pan-India body of members of the two largest
stock exchanges of India, the National Stock Exchange of India Ltd. (NSEIL)
and the Bombay Stock Exchange (BSE). The over 800 members are organized in
four regional chapters and five main offices in Mumbai, Delhi, Kolkata,
Hyderabad and Chennai.
About RTS Realtime Systems Group
offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Singapore,
Stockholm and Sydney, and a distribution partner in Greece. RTS is a pioneer
in the design and creation of high performance, multi-asset electronic
trading software, with thousands of user connections to over 120 exchanges.
SOURCE: RTS Realtime Systems Group
CONTACT: Ellen G. Resnick,
Crystal Clear Communications,
+1-773-929-9292;
+1-312-399-9295 (m),
eresnick@crystalclearPR.com;
In Asia: Christophe Rilinger,
RTS,
+65-6595-0822;
+65-918-30207 (m),
c.rilinger@rtsgroup.net
Translations:
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