Under the terms of the agreement, RTS will provide customer access to the Philadelphia Board of Trade (PBOT) via RTS’s Chicago data center. In addition, PBOT will assist RTS in the establishment of customer sites designed to deliver orders directly to PBOT.
The Philadelphia Board of Trade sees this as a significant opportunity to allow the exchange to electronically access futures players who grasp the trading opportunity of streaming quotes, said Daniel Carrigan, VP of new product development.
RTS says it has completed implementation of the PBOT gateways and that its RTD and eRTD software will be available for the launch. In addition, using its data center facility in Chicago, RTS will be able to offer leased line and internet access to PBOT for market makers, proprietary traders and brokers.
