Realtime Systems Group (RTS), a trading solutions provider, has completed the necessary testing for it to connect to exchange group NYSE Euronext’s Universal Trading Platform (UTP) using the UTP-Direct protocol.
UTP is a single connection point and matching engine for all NYSE Euronext’s platforms and products.
RTS will now be able to offer its clients direct market access to all the NYSE Euronext markets trading on the UTP using the low-latency UTP-Direct protocol. The protocol will be available through RTS’s data centres.
NYSE Euronext migrated its European equities and exchange-traded fund products onto UTP from the old NSC system on 16 February, following the transfer of European bonds on 8 December. SmartPool, the group’s non-displayed multilateral trading facility (MTF), is now also accessible from UTP, and its displayed MTF – NYSE Arca Europe – will be added to the platform after its March launch. NYSE’s US markets and European derivatives will be added to UTP in the second half of the year.
“We are pleased to see RTS’s early involvement in providing our customers with the UTP-Direct protocol,” said Anthony Attia, executive director and head of the Universal Trading Platform programme at NYSE Euronext, in a statement. “This new protocol enables our customers to benefit from the lowest possible trading latency on the Universal Trading Platform.”