Omnesys, Rithmic to offer NEST users access to global derivatives exchange

PTI Updated - June 07, 2011 at 01:47 PM.

Bangalore-based Omnesys Technologies has tied up with the US-based Rithmic to provide the users of ‘Omnesys NEST’ a securities trading platform, access to and trading on major global derivatives exchanges.

By using an adapter provided by Omnesys — a provider of multi-asset trading software and systems and an Independent Software Vendor (ISV) in India — which incorporates Rithmic’s R | API, the NEST platform can be connected to Rithmic’s R | Trade Execution Platform, thereby providing the NEST users access to more than 15 international exchanges, Omnesys said in a statement today.

Rithmic’s R | Trade Execution Platform connects to BATS, Chicago Board Options Exchange, Chicago Board of Trade, Chicago Mercantile Exchange, COMEX Commodity Exchange, The ICE, New York Mercantile Exchange and NYSE-LIFFE US, among others, the company said.

Mr Shrikant Pandit, Managing Director of Omnesys, said: “We have worked hard with Rithmic to provide what we believe is a very compelling offering for large financial institutions, small to medium prop desks and hedge funds to trade across multiple global markets.”

Published on June 7, 2011 08:09