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RTS: First Independent Software Vendor to Pass
CME Certification for User Defined Spreads on CME
Globex® Platform
Chicago, April 24, 2007 - RTS Realtime Systems Group, a leading independent software vendor (ISV), announced today that it is the first ISV to successfully pass the Chicago Mercantile Exchange's (CME) Certification for its User Defined Spread (UDS) functionality on the CME Globex electronic trading platform.
As one of the only ISVs supporting all available CME functionality, RTS is the first vendor to successfully complete certification for User Defined Spreads. With UDS functionality, customers are able to choose the legs for a spread not currently listed by the exchange in order to create user defined strategies.
With the latest certification, RTS customers trading with the RTD Realtime Trading Desktop and RTD Tango will be able to:
Create covered option instruments
Combo option instruments
Send orders on UDS instruments
Support mass quoting
Create recursive UDS instruments
"We are proud to be the first vendor to complete the certification process for this important roll-out at CME, and we continue to work diligently to ensure that our customers have the most comprehensive functionality possible throughout the dozens of futures and options exchanges in our service offering", said Steffen Gemuenden, co-CEO of RTS.
About RTS Realtime Systems Group:
RTS is a leading Independent Software Vendor (ISV) with local sales and support offices in the major financial centers and distribution partners in Greece, India, Italy and Portugal. RTS is the market leader in terms of functionality in electronic trading software for all traded products. With more than 3,000 user licenses and connections to more than 75 exchanges around the world, RTS has secured a solid position in the industry. In business since 1992, RTS has over fourteen years' of experience developing software to enable trading on the electronic exchanges. As one of the pioneers in designing electronic trading tools, RTS has developed an extensive suite of products for options and futures traders. In addition RTS' software features a variety of tools, including the RTD Quote Machine®, RTD Electronic Eye®, RTD Sales Trader, the Autohedger and the Basket Trader®. With RTD Tango, the recently launched algorithmic trading system, RTS has further strengthened its product portfolio.
As a global player in the area of electronic trading, RTS also offers an additional service to its customers. Upon request, RTS data-centers can provide flexible and high-speed connectivity options, state-of-the-art hardware and application hosting & housing services.
For more information about our company and our products, please
contact: globalsales@rtsgroup.net
RTD Quote Machine®, RTD Electronic Eye® and RTD Basket Trader® are registered trademarks in the European Community.
About CME:
CME (www.cme.com) is the world's largest and most diverse derivatives exchange. As an international marketplace, CME brings together buyers and sellers on the CME Globex electronic trading platform and on its trading floors. CME offers futures and options on futures in these product areas: interest rates, stock indexes, foreign exchange, agricultural commodities, energy, and alternative investment products such as weather, real estate and economic derivatives. CME is a wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE, NASDAQ: CME), which is part of the Russell 1000® Index and the S&P 500® Index.
Chicago Mercantile Exchange, CME and CME Globex are trademarks of Chicago Mercantile Exchange Inc.
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