According to BFX, it is the first multi-asset exchange in the Middle East and North Africa (MENA) region. 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 & CEOof 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 low latency global data center network. The firm’s portfolio of clients includes exchanges, investment banks, proprietary trading firms, brokerage houses, clearing firms, introducing brokers, stat-arb groups and hedge funds.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio