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This is an archive article published on June 7, 2011

Omnesys ties-up with US-based Rithmic

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

Bangalore-based Omnesys Technologies has tied up with US-based Rithmic,to provide the users of 8216;Omnesys NEST8217;,a securities trading platform,access to and trading on major global derivatives exchanges.

By using an adapter provided by Omnesys 8212; a leading provider of multi-asset trading software and systems and an Independent Software Vendor ISV in India which incorporates Rithmic8217;s R API,the NEST platform can be connected to Rithmic8217;s R Trade Execution Platform,thereby providing the NEST user access to more than 15 international exchanges,Omnesys said in a statement on Tuesday.

Rithmic8217;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.

Shrikant Pandit,the Managing Director of Omnesys,said,8221;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.8221;

 

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