Bangalore's Omnesys ties up with US-based Rithmic

Bangalore-based 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.

By using an adapter provided by Omnesys -- a leading 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 user 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.

Shrikant Pandit, the 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."