RTS Offers Access to New Trading Platform for Pan-Asian Market on Singapore Mercantile Exchange

SINGAPORE, Aug. 18 /PRNewswire/ -- RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today that the firm will provide connectivity and low latency access to the Singapore Mercantile Exchange (SMX) from its first day of trading, which will be 31 August 2010.

The new pan-Asian commodity and currency derivatives exchange will launch using a state-of-the-art global futures and options trading platform for products which include precious metals, base metals, agricultural commodities, energy, currencies and commodity indices.

Leveraging on its parent conglomerate Financial Technologies (India) Limited, who has designed and provided the end-to-end technology solution, the Exchange provides an application programming interface (API) to enable global independent software vendor (ISV) integration and thus facilitate a cross section of trading members, institutions and other financial market participants to trade on the Exchange. Members also have the option to write their own APIs for connectivity. Financial Technologies (India) Limited's highly robust and scalable trading technology gives SMX the agility and adaptability which ensures its edge in the financial markets.

RTS recently announced the global launch of a first-of-its-kind trading solution combining the advantages of "point-and-click" and algorithmic trading. Called RTD Tango Trader, it is designed to leverage firms' existing infrastructure and enable more brokers, traders and clients to benefit from customized algorithms. The firm's high performance solutions are used by leading financial firms to trade across asset classes on more than 120 exchanges globally, including a wide range of major Asian exchanges.

Alex Lamb, RTS Executive Board Member, said: "We are pleased to offer access from day one to this truly pan-Asian commodity and currency derivatives exchange for our clients in the region and across the world, particularly given the tremendous interest they've already expressed in the opportunity. The breadth of products will create new avenues for arbitrage and effective risk management."

Thomas J. McMahon, Chief Executive Officer of SMX, said: "As we look forward to attracting new product listings from around the world and Asia, we are very pleased to welcome trading firms globally who use the advanced technology and infrastructure of RTS which brings in a number of important algorithmic traders to SMX. Our global trading venue is well positioned to serve as a gateway for commodities in Asia, synchronizing derivatives and physical trading in commodities within the Asian time zone."

About Singapore Mercantile Exchange (SMX)

Singapore Mercantile Exchange is a pan-Asian multi-product commodity and currency derivatives exchange situated in Singapore. It offers a comprehensive platform for trading a diversified basket of commodities including futures and options contracts on precious metals, base metals, agriculture commodities, energy, currencies and commodity indices. SMX offers market participants the benefits of market transparency, time zone convenience, price discovery and benchmarking, price risk management and multiple connectivity options. Counterparty clearing and settlement risk is effectively managed through its clearing house, the Singapore Mercantile Exchange Clearing Corporation. The regulator of Singapore's financial markets – the Monetary Authority of Singapore (MAS) – has granted 'Approved Exchange' status to SMX since 2010. SMX is backed by the world's leading creator of exchanges - Financial Technologies (India) Limited - which has successfully established and currently operates 10 exchanges in India, Dubai, Singapore, Africa, Mauritius and Bahrain.

SMX is a member of leading international derivatives industry associations, such as the Futures Industry Association (FIA), the Swiss Futures and Options Association (SFOA), the Association of Futures Markets (AFM) and the Futures and Options Association (FOA).

More information is available at www.smx.com.sg

About RTS Realtime Systems Group

RTS delivers high-performance, end-to-end technology products and services across asset classes and continents to elite financial institutions. The firm is one of the world's leading providers of ultra-low latency, high frequency, robust algorithmic trading solutions.  RTS offers standardized low latency connectivity gateways to 120+ exchanges and execution venues worldwide.  In addition, the firm provides proximity hosting and co-location services for high-speed, ultra-low latency access to more than 65+ venues via its global data center network. RTS has offices in Amsterdam, Chicago, Frankfurt, London, New York, Singapore and Sydney.

For more information, please visit www.rtsgroup.net

SOURCE RTS Realtime Systems Group