Omnesys Technologies announces tie-up with US based Rithmic

Users of Omnesys trading platform can now get access to global exchanges

Bangalore based Omnesys Technologies, a leading provider of multi-asset trading software and systems and an Independent Software Vendor (ISV) in India, has announced that it has tied up with US based Rithmic, to provide the users of “Omnesys NEST”, India’s leading securities trading platform, access to and trading on major global derivatives exchanges. NEST users already have access to all the exchanges in India.

By using an adapter provided by Omnesys 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.  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.

 

Announcing the tie-up, Shrikant Pandit, Managing Director of Omnesys, said "We are pleased to offer global connectivity to our customers in India and abroad by connecting to global exchanges through Rithmic. 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.”

Jonathan Walden, CEO of Rithmic, said “The NEST Platform is an outstanding product that has been seminal in the growth of securities and derivatives trading in India.  We are pleased that Omnesys has chosen Rithmic for offering global connectivity solutions to its customers”.

Omnesys Technologies Pvt. Ltd is a leading provider of Order Management Systems and is an Algorithmic trading platform provider. Omnesys products are used extensively by institutions, exchanges, brokers, traders and prop trading desks all over the world. As a leading low latency, high frequency trading platform Omnesys NEST provides significant liquidity, market making opportunities and arbitrage opportunities across various asset classes and in multiple venues

Omnesys is an empanelled vendor on exchanges throughout India. NEST is used by leading brokerage houses both in India and the UAE. A fully integrated online trading system for multi-asset products, NEST provides easy access to trading for clients such as sub-brokers and individual investors.

For further information visit www.omnesysindia.com.

About Rithmic
Rithmic, develops high performance multi-asset trade execution software and licenses it to black-box, grey-box and retail trading professionals. Rithmic's trading platform is FCM, IB and Broker-Dealer neutral.  Rithmic is certified as an ISV (independent software vendor) by the world’s principal derivatives exchanges, by smaller foreign derivatives exchanges, by the four CBOE exchanges and by the BATS exchanges.

For further Information visit www.rithmic.com.