The Bahrain Financial Exchange (BFX), the first multi-asset exchange in the Middle East and North Africa (MENA) region, announced today the signing of a partnership agreement with RTS Realtime Systems (RTS), a leading global trading solutions provider.
RTS will provide high-speed access to the BFX trading engine through the entire RTS low latency trading solutions portfolio, including the RTD Tango high-frequency algorithmic trading solution, RTD Tango Trader and the front-end trading systems, RTD and RTD Trader.
"We are very pleased to welcome on board all trading firms and individuals who make use of RTS' advanced technology to access the BFX," commented Arshad Khan, Managing Director & Chief Executive Officer of the BFX and BCDC. "We are creating a state-of-the-art multi-asset exchange with the aim of attracting both regional and international clients, and this agreement is a clear statement of our continued efforts in that regard."
RTS provides direct connectivity to over 120 exchanges and access to more than 65 venues through its top notch global data centre network. The firm's portfolio of clients includes exchanges, investment banks, proprietary trading firms, brokerage houses, institutional investors and hedge funds.
Christian Zahm, RTS Sales Director, Europe and Middle East, said: "We are pleased to offer access to this unique trading venue that offers clients valuable trading choices through multi-asset offerings in the Mena region."
Recognized as a leading provider for low latency algorithmic trading solutions, RTS supplies the industry with advanced solutions for option, futures, and equity trades that enable users to access over 120 markets on a single screen for trading in multiple asset classes.