RTS Realtime Systems Group, a leading trading solutions provider, announced that MexDer, the Mexican Derivatives Exchange, has selected RTS to provide the next generation front-end for its electronic trading platform. The agreement includes distribution of trading screens to MexDer local members including market makers, brokers and clearing firms.
RTS will provide its suite of trading solutions, which includes the high- performance trading platform, the RTD Realtime Trading Desktop, and the white-label version of RTS’ Web-based front-end, eRTD. MexDer will work with RTS to roll out and install RTS’ suite of front-end solutions to its Mexican exchange members.
"We have been taking enormous steps to facilitate international access to our markets. Our products are really benchmarks not only for Mexico, but for the Latin American region as a whole, and we believe this next generation front-end will further our global growth potential," said Jorge Alegria, ceo of MexDer. "The roll-out of the RTS front-end solutions, which will be completed in short order, enables us to execute on our strategy of upgrading our local members’ access from our proprietary trading terminals to the next generation screen, based on the popular FIX protocol messaging that has become the industry standard."
Steffen Gemuenden, co-ceo and president of RTS said: "We are greatly honored that MexDer has named RTS its provider of choice for the next generation front end. Clearly, MexDer is a leader among emerging market exchanges, with an attractive product set and rapidly growing interest in its markets both domestically and internationally. Market participants in Mexico and globally increasingly are looking to trade multiple asset classes across exchanges. We welcome the opportunity to play a role in accelerating MexDer’s growth further as we facilitate its members’ access to that important exchange."
"We are proud to have earned the exchange’s confidence for this very important endeavor and look forward to serving the needs of the exchange and its members," said John Dempsey, RTS vice president, Business Development.