RTS Announces Global Launch of Tango OnDemand

CHICAGO, Oct. 4, 2012 /PRNewswire/ -- RTS Realtime Systems Group (RTS), a leading global trading solutions provider, announced today the global launch of Tango OnDemand, a new fixed-price package of customized algorithmic and automated trading solutions.  Encompassing all of the firm's popular algorithmic trading platforms – RTD Tango, RTD Tango Trader and RTD Tango QUANT – the package enables single users and firms to pay a low monthly price for their choice of platform, two fully hosted exchanges on a global trading network and an array of built-in, sophisticated trading strategies.

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For one fixed monthly price, Tango OnDemand enables users to select any two hosted exchanges from the more than 135 global exchange connections that RTS offers.  Clients can also add markets, in addition to the two that are already included. The offering provides access to RTD Tango, the firm's long-standing algorithmic trading platform; RTD Tango Trader, the combined click and algorithmic trading solution; or RTD Tango QUANT, the newest offering with technical analysis, charting, back-testing and optimization tools. The package includes built-in algorithmic trading strategies such as arbitrage, smart order routing, VWAP¹, TWAP², data analysis, market making, hedging and baskets. Clients can use these strategies, modify them or build their own, according to their specific needs or interests.

RTS CEO Steffen Gemuenden said: "This offering truly enables clients to customize a package that meets their needs. Tango OnDemand is ideally suited to firms that want to begin offering ultra-low latency algorithmic trading to clients or to help them transition into multiple markets or asset classes.  Users can easily build sophisticated execution algorithms and convert ideas into actionable trading strategies. It's also attractive to experienced algorithmic traders who want to choose from one of our premier platforms and focus on a limited number of markets or trading strategies in a cost-efficient manner."

The new offering is designed for proprietary traders, quantitative desks, clearing and brokerage firms, investment banks, hedge funds and commodity traders. RTS can accommodate traders with any clearing firm for the Tango OnDemand package. 

RTS will showcase the new Tango OnDemand offering at its booth, #713, at the 28^th Annual Futures & Options Expo in Chicago Oct. 31 – Nov. 1. On the first day of the conference, the firm is hosting an algorithmic trading seminar, "From Trading Pits to Megabits and Beyond…," conducted by Adam Cox, Editor of Automated Trader Magazine.  For information, please contact [email protected].

About RTS Realtime Systems Group
RTS (www.rtsgroup.net) delivers high-performance, end-to-end technology products and services across asset classes and continents to elite financial institutions and commodity trading houses. The firm is a global leader in robust electronic trading software, connectivity, hosting, matching and risk management solutions. With standardized low latency connectivity gateways to 135+ exchanges and execution venues worldwide, the firm provides proximity hosting and co-location services to 65+ venues via its global data center network. The RTS infrastructure enables clients to deploy sophisticated trading strategies quickly, securely and cost-effectively throughout multiple trading desks and sites. RTS has offices in Amsterdam, Chicago, Frankfurt, Hong Kong, London, Mumbai, New York, Pune, Singapore and Sydney.

¹Volume-Weighted Average Price
²Time-Weighted Average Price

SOURCE RTS Realtime Systems Group