Leveraging the advanced RTD Tango algorithmic trading technology

RTS recently launched a new technology partnership with First Insight, the fastest provider of weather information to the trading and financial markets.  The alliance enables commodity traders employing algorithmic trading to feed digitized real-time data on weather forecasts and technical indicators into their automated or semi-automated trading strategies and execution. The initiative leverages the advanced RTD Tango algorithmic trading technology and First Insight’s news and data feeds as well as Trader Dashboard to give algorithmic commodity traders the ability to synthesize real-time weather data directly into their trading strategies to ensure rapid execution, based on high-speed delivery of customized information. RTS has built a low-latency feed API to seamlessly integrate the data into RTD Tango.

The new offering has been employed by select trading firms for energy and commodity trading in Chicago and New York, with more firms expected to sign up soon. RTS and First Insight co-hosted an educational algorithmic trading seminar in New York on January 22 at the ICE Trading Center to educate interested energy traders on the product.