RTS Realtime Systems Group (RTS) is to provide proximity hosting and its RTD Tango algorithmic trading solution to German securities broker equinet.
The proximity hosting solution will grant equinet high-speed access to German exchange group Deutsche Börse’s Xetra electronic equities platform and Eurex derivatives exchange. Equinet’s servers will be hosted in RTS’s proximity facilities in Frankfurt.
The broker will deploy RTS’s RTD Tango solution in its portfolio trading business.
“We are in the process of enhancing our portfolio trading services and are pleased to have a new team of traders on board who will use RTS’ algorithmic engine, RTD Tango, in a low latency hosted environment,” said Ruediger Wolf, managing director of equinet, in a statement. “RTS meets our extremely high standards for speed and performance and offers us a highly adaptive algorithmic trading capability.”?
“We welcome the opportunity to offer equinet a quick and cost-effective means of accessing both of these critical markets with robust technology that meets the needs of the firm’s high-frequency traders,” added Christian Zahm, sales director at RTS.