Expanded Relationship Facilitates Integrated Access to Equity and Derivative Markets
RTS Realtime Systems Group, a leading global trading solutions provider, and the Mexican Stock Exchange BMV (Bolsa Mexicana de Valores) announced today the roll-out of a new front-end for the BMV equity marketplace powered by customized RTS front-end technology. This further expansion of their relationship comes after RTS has provided next generation trading technology for more than three years to MexDer, the Mexican Derivatives Exchange owned by the BMV Group.
The launch enables members of both BMV and MexDer to access the equity and derivatives markets and their market data on one, exchange-provided trading screen. It also brings members of BMV markets the ability to utilize sophisticated RTS risk management technology to control access to all available asset classes.
Alfredo Guillen, chief operating officer for the Equity Markets at BMV Group, said: “We are pleased to offer our members the sophisticated new capabilities and speed provided by RTD Trader, RTS’ solution for click traders. As our members are increasingly interested in trading across asset classes, this new deployment will bring them the opportunity to easily access and participate in the equity and derivatives markets alike.”
Timo Pentner, RTS managing director, Americas, said: “We’re very proud to expand on the important relationship we have established with the BMV Group and its markets. For algorithmic trading, members can easily transition to our RTD Tango Trader solution which combines click and algorithmic trading. With this we support sophisticated order execution capabilities including the ability to automate all types of orders.”
Jorge Alegria, head of Market Operations at BMV Group, said: “This is a great example of successful collaboration between a technology vendor and exchange staff to introduce the seamless integration of multiple trading platforms onto one screen. Thanks to a terrific, dedicated effort in recent months – and groundwork laid in 2009 by MexDer and RTS – when we complete the final phase of adding cash bond markets execution capabilities, BMV Group will be one of the first exchanges to list all asset classes on one, exchange-provided front-end.”
Pentner said that RTD Tango Trader can enable members of BMV and MexDer to trade spreads not only between those two markets but also the markets of CME Group, as part of the South to North order routing agreement established between BMV Group and CME Group. He said adding access to other international markets would also be an easy upgrade as RTS offers connectivity via RTD Trader to more than 135 marketplaces globally.
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