Jun 26, 2013
Hong Kong/ Shanghai, June 24th 2013 - RTS Realtime Systems Group, a leading global trading solutions provider, announced today a number of actions the firm has taken to further build on its growth in Hong Kong and Mainland China. The steps include the launch this week of a Chinese-language website and recent establishment of a Shanghai office and expansion of its staff there. In Hong Kong, RTS has expanded into new office space and initiated plans to move its data center to the Hong Kong Exchange (HKEx) co-location facility. The firm will develop low latency gateways to capitalize on HKEx’s new Orion initiatives and connect to its equities and derivatives platform.
The firm’s Hong Kong operation, RTS Realtime Systems HK Limited, is exhibiting this week at LME Week Asia 2013 in Hong Kong.
RTS CEO Steffen Gemuenden said: “We continue to believe that Greater China presents a significant strategic growth opportunity for RTS and that our broad offering of hosting, risk management, trading and connectivity solutions can play an important role in fostering the growth of locally based brokerages and trading firms. To that end, we’ve made additional key investments recently in our technology, infrastructure and human resources in Mainland China and Hong Kong.”
Gemuenden said there has been large demand from industry-leading brokers in both Hong Kong and China for global connectivity, direct market access (DMA) and the firm’s RTD Tango Trader and RTD Tango QUANT algorithmic trading solutions.
The firm has just gone live with a new Chinese-language website, accessible from the RTS home page at www.rtsgroup.net.
Earlier this year, RTS opened its first office in China, in Shanghai, and has since added staff to provide sales and solution support to clients locally. The firm opened a data center in Shanghai last year, building on its global network of hosting services and ultra-low latency connectivity to more than 135 marketplaces globally.
After opening its first office in Hong Kong two years ago, RTS this year needed new space to accommodate its growth. The new office serves the firm’s expanding base of buy-side and sell-side clients operating from Hong Kong. RTS will relocate its Hong Kong data center to the HKEx co-location facility by year-end. In the meantime, the firm has made infrastructure and technology investments to develop low latency gateways that will fully support the new, state-of-the-art HKEx Orion initiatives, which are expected to go live in stages over the coming months in the exchange’s equities and derivatives markets. HKEx Orion will cover all of the exchange’s asset classes in a common message format.
Re-disseminated by The Asian Banker