RTS extends DMA service to Nasdaq Dubai

Realtime Systems Group (RTS), a trading solutions provider, is to offer its clients connectivity to Nasdaq Dubai, formerly known as the Dubai International Financial Exchange.
By None

Realtime Systems Group (RTS), a trading solutions provider, is to offer its clients connectivity to Nasdaq Dubai, formerly known as the Dubai International Financial Exchange.

RTS clients will benefit from direct market access (DMA) to the full range of products listed on Nasdaq Dubai, including equities, derivatives and structured products. Following its one-third acquisition by Nasdaq OMX, the global exchanges group, Nasdaq Dubai launched the first equity derivatives platform in the United Arab Emirates in November 2008.

DMA access to Nasdaq Dubai will be afforded via RTS’s entire trading solutions portfolio, including RTS Tango, its automated algorithmic trading solution, which is now connected to all three Dubai-based exchanges.

“As we look forward to attracting new listings from around the world and from this region, we are very pleased to welcome firms and individuals who make use of RTS’ advanced technology,” said Peter FitzGerald, COO of Nasdaq Dubai. “We have worked diligently to create a world-class infrastructure and to foster growing access to the exchange globally through real-time, low-latency connectivity.”

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