CHICAGO and SINGAPORE, Dec. 2 /PRNewswire/ -- RTS Realtime Systems Group, a leading global trading solutions provider, and Fortis Clearing announced today that they are the first trading solutions provider and clearing firm respectively to receive certification to offer clients access to the new equity trading system of the Singapore Exchange Ltd. (SGX).

SGX moved its equity markets to a new, enhanced trading system, QUEST-ST, a Nasdaq OMX trading engine, earlier this year. Now, firms using RTS trading solutions will be the first to access SGX via the high-speed, low latency trading engine. Fortis Clearing is the first member to provide access through this interface for its customers.

SGX chose the new trading system to offer functionality to support the introduction of a wider range of products and better meet the needs of algorithmic and high-velocity traders, who are beginning to establish a strong presence in Asia.

Said Stephane Lannoy, RTS Managing Director, Asia Pacific: "This announcement underscores our firm commitment to be the leading technology vendor globally in the low latency trading arena. Traders across the globe trust in our ability to offer them an edge. The increasing demand for our low latency solutions and our recent expansion in Asia speaks for itself."

Andrew Bennett, Head of Market Access in Asia Pacific for Fortis Clearing, said: "This announcement confirms Fortis' dedication in working with ISV's and the exchanges to bring our clients the best possible solutions available in the low latency space."

Rama Pillai, Senior Vice President and Head of Intermediaries & Market Access at SGX, said: "We are pleased to have RTS as the first solution provider to conform to SGXAccess API, our latest securities market access service based on the native API of our QUEST-ST trading engine. Service providers such as RTS help expand our distribution by providing our global members and customers with efficient trading access to our securities and derivatives markets."

Singapore serves as the RTS headquarters for the Asia Pacific region. RTS' solutions are used by leading financial firms to trade across asset classes on more than 100 marketplaces globally, including major Asian financial exchanges. Its offering encompasses algorithmic trading solutions for ultra-low latency trading and Direct Market Access (DMA) to more than 60 markets via its global data center hubs.

About RTS Realtime Systems Group

RTS is a leading global trading solutions provider with offices in Amsterdam, Chicago, Frankfurt, London, New York, Paris, Singapore, Stockholm and Sydney, and distribution/sales partners in Greece and Japan. Founded in 1992, RTS is a pioneer in the design and creation of high performance, functionally rich, multi-asset electronic trading software.

For more information, please visit www.rtsgroup.net

About Fortis Clearing

Fortis Clearing is one of the largest independent third-party clearers in Europe, Asia/Pacific and the US and offers trading facilities and global clearing for the derivatives, equities, bonds and commodities markets. The firm has a presence in over 50 countries.

More information is available at www.merchantbanking.fortisbank.nl

About Singapore Exchange

Singapore Exchange (SGX) was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions -- the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). SGX is Asia-Pacific's first demutualised and integrated securities and derivatives exchange and is listed on its own bourse. The exchange's stock is a component of benchmark indices such as the MSCI Singapore's Free Index and the Straits Times Index (STI).

For more information, visit www.sgx.com.

SOURCE RTS Realtime Systems Group

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