MEDIA RELEASE PR41361
BFX Announces Partnership With RTS Realtime Systems
MANAMA, Bahrain and SINGAPORE, Sept. 21 /PRNewswire-AsiaNet/ --
Establishing a high speed and efficient trading access to the BFX
trading platform
The Bahrain Financial Exchange (BFX), the first multi-asset exchange in
the Middle East and North Africa (MENA) region, announced today the signing
of a partnership agreement with RTS Realtime Systems (RTS), a leading global
trading solutions provider.
RTS will provide high-speed access to the BFX trading engine through the
entire RTS low latency trading solutions portfolio, including the RTD Tango
high-frequency algorithmic trading solution, RTD Tango Trader and the
front-end trading systems, RTD and RTD Trader.
"We are very pleased to welcome on board all trading firms and
individuals who make use of RTS' advanced technology to access the BFX,"
commented Arshad Khan, Managing Director & Chief Executive Officer of the BFX
and BCDC. "We are creating a state-of-the-art multi-asset exchange with the
aim of attracting both regional and international clients, and this agreement
is a clear statement of our continued efforts in that regard."
RTS provides direct connectivity to over 120 exchanges and access to more
than 65 venues through its low latency global data centre network. The firm's
portfolio of clients includes exchanges, investment banks, proprietary
trading firms, brokerage houses, clearing firms, introducing brokers,
stat-arb groups and hedge funds.
Christian Zahm, RTS Sales Director, Europe and Middle East, said: "We are
pleased to offer access to the unique trading venue that offers clients
valuable trading choices through multi-asset offerings in the MENA region.
Our low latency trading solutions are best suited to capture and profit from
hedge and arbitrage opportunities across products and markets."
Recognized as a leading provider for low latency algorithmic trading
solutions, RTS supplies the industry with advanced solutions for option,
futures, and equity trades that enable users to access over 120 markets on a
single screen for trading in multiple asset classes.
SOURCE: RTS Realtime Systems
CONTACT: Narjes Yousif, Press & PR Executive, Bahrain Financial Exchange
+973-1651-1511
M: +973-39339430
narjes.yousif@bfx.bh
or Afrah Faraj, Hill & Knowlton, for BFX
+973-17533532
afrah.faraj@hillandknowlton.com
or Ellen G. Resnick, Crystal Clear Communications, for RTS
+1-773-929-9292;
M: +1-312-399-9295
eresnick@crystalclearPR.com
or Christophe Rilinger, Head of Marketing & Communications, RTS
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