Acción Traders Expands RTS' Technology


CHICAGO, December 16 /PRNewswire/ --

- Agreement includes algorithmic trading solution RTD Tango

RTS Realtime Systems Group (RTS), a leading trading solutions provider,
announced that Acción Traders, an Amsterdam-based independent trading
company, has begun deploying additional RTS technology for its arbitrage
trading operations. The agreement provides Acción Traders with RTS'
algorithmic trading platform, RTD Tango, along with direct market access
(DMA) to a key liquidity pool.

Acción Traders, a proprietary trading firm formerly known as Binck
Securities, has selected RTS' algorithmic trading solution RTD Tango to
support the firm's growing algorithmic trading operations.

Acción Traders has been deploying RTS' low latency connectivity and
trading solutions since late 2007. The new agreement also enables Acción
Traders to extend its reach with DMA to Nasdaq OMX, a European liquidity pool
with pan-European routing.

Said Peter van Reenen, Managing Director at Acción Traders: "RTS has been
a reliable partner so it was natural for us to turn to the firm for a
technology solution that would support gaining access to an important new
liquidity pool for execution of our arbitrage strategies."

"We are pleased to help clients like Acción Traders build on their
success with additional solutions that enable them to broaden their reach and
grow their business," said Sudhir Chotoe, Sales Director at RTS Amsterdam.
"Our low latency solutions and client-server connectivity offer the speed and
efficiency to enhance Acción's arbitrage capabilities."

About RTS Realtime Systems Group

RTS is a leading trading solutions provider with offices in Amsterdam,
Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm and Sydney,
and distribution partners in Greece, India, Italy, Japan and Taiwan. Founded
in 1992, RTS is a pioneer in the design and creation of high performance,
functionally rich, multi-asset electronic trading software, with thousands of
user connections to nearly 100 exchanges.

For more information, please visit www.rtsgroup.net

About Acción Traders

Based in Amsterdam with subsidiaries in Antwerpen, Belgium, Acción N.V.
is a trading company with access to all major European venues, trading
multiple asset classes.

For more information, please contact:

petervreenen@acciontraders.nl

© PR Newswire Association LLC.

News archive

Subscribe to AfterDawn's weekly newsletter.