RTS Realtime Systems Group, a provider of global trading technology, has announced its intention to capitalise on growth in India with the opening of its first office in the country.
The new office will place RTS sales and support staff in Mumbai. In India, RTS offers local firms the ability to trade on major exchanges including the Multi Commodity Exchange of India, the National Commodity & Derivatives Exchange Limited, the National Stock Exchange of India, the Bombay Stock Exchange and the recently launched United Stock Exchange of India.
The firm also offers RTD Tango and RTD Tango Trader, its algorithmic trading solutions that enable market participants to trade across multiple asset classes and markets, as well as manage their risk. Clients can use RTS' server-based solutions to develop their own proprietary customisable algorithms and deploy them with an off-the-shelf hosted or un-hosted solution.
Steffen Gemuenden, CEO at RTS, said, “The office in Mumbai will enable us to provide hands-on support directly from India and to build even further on our capabilities locally. RTS is able to offer our Indian clients trading solutions across asset classes based on our extensive experience in satisfying many of the most demanding proprietary trading firms, high-frequency trading firms and commodity supply chain management firms.”
RTS also teamed up with the Association of National Exchanges Members of India in June, in an educational initiative that was designed to increase the knowledge and use of algorithmic trading solutions in India.