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Automated Trading Desk Selects RTI's Messaging Middleware for High-Performance Market Data Distribution.


RTI RTI - Return from interrupt  Delivers Low Latency Low latency allows human-unnoticeable delays between an input being processed and the corresponding output providing real time characteristics. This can be especially important for internet connections utilizing services such as online gaming and VOIP - VOIP is not as important as  with Scalability to Accommodate Exploding Data Volumes

SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
, Calif. -- Real-Time Innovations Real Time Innovations, Inc. (RTI) is a computer networking software company headquartered in Santa Clara, California (USA) specializing in publish/subscribe middleware. The company's major competitors are PrismTech, 29West, and TIBCO Software.  (RTI) (http://www.rti.com), The Real-Time Middleware Experts, announced today that its high-performance messaging middleware (http://en.wikipedia.org/wiki/Middleware) has been selected by Automated Trading Desk Trading Desk

A desk where transactions for buying and selling securities occur. Trading desks can be found in most organizations (banks, finance companies, etc.) involved in trading investment instruments such as equities, fixed-income securities, futures, commodities and foreign
, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 (ATD ATD Anthropomorphic Test Dummy
ATD Attention to Detail
ATD Advanced Technology Demonstration
AtD Achieving the Dream
ATD Atmospheric Technology Division (US National Center for Atmospheric Research)
ATD Assistant Technical Director
) (http://www.atdesk.com/flash.html), as the foundation of its market-data distribution infrastructure. ATD will be using RTI's middleware to distribute real-time data from direct-exchange and Electronic Communication Network (ECN (Electronic Communications Network) A computerized, private financial trading system. Terra Nova Trading (www.terranovatrading.com) and Instinet (www.instinet.com) are examples. ) (http://en.wikipedia.org/wiki/Electronic_communication_network) feeds to its price-prediction engines, automated trading applications and order-management system.

ATD is updating its market data infrastructure to more cost-effectively cope with data volumes that are currently growing 50 percent annually. This challenge is made more acute by ATD's expansion from equities to options trading, which increases by a factor of 10 the amount of data that must be distributed. RTI's highly scalable throughput supports this explosion in volume while eliminating the substantial investment in additional hardware that would have been required with ATD's existing messaging technology. Just as importantly, RTI accomplishes this while still providing ATD with the low latency it needs for high-speed automated trading.

"ATD conducted extensive in-house testing of the leading messaging products targeted at market data distribution," commented Dr. Carlos O'Ryan, chief technology officer at ATD. "We found that RTI provided the most consistent performance, with no latency spikes, even under times of peak volume. RTI also had the most full-featured product, with more comprehensive control over performance tuning and built-in support for marshalling data into an efficient binary format that reduces network overhead. In addition, we liked the fact that RTI was able to deliver the throughput and latency we needed with standards-compliant interfaces."

"RTI has provided ATD with phenomenal support, both during our original testing, and subsequently," added O'Ryan.

"ATD has a long tradition of being at the forefront of trading technology," said Dr. Gerardo Pardo-Castellote, chief technology officer at RTI. "Their focus on speed was evident during their deep evaluation, which was one of the most comprehensive we have seen. Consequently, we are delighted that ATD validated RTI's messaging technology as exhibiting the best real-time performance characteristics. Moreover, ATD's engineers have provided us with invaluable input that we are leveraging to further optimize our solution for high-performance data distribution requirements."

About RTI's Messaging Middleware

RTI's messaging middleware features latency as low as 65 microseconds and throughput as high as 3,000,000 point-to-point messages per second over Gigabit Ethernet. RTI's middleware provides extensive Quality-of-Service (QoS) (http://en.wikipedia.org/wiki/Qos) controls that allow systems to be tuned for the optimal balance of latency, throughput and resource consumption. This ensures that network and computing infrastructures are optimally applied to deliver performance where and when it is most critical.

RTI provides interfaces that comply with the Object Management Group (OMG (1) See Object Management Group.

(2) "Oh my God!" See digispeak.

OMG - Object Management Group
) (http://www.omg.org/) Data Distribution Service for Real-Time Systems (DDS (1) (Digital Data Storage) See DAT.

(2) (Data Dictionary System) See QuickBuild and OpenDDS.

(3) (Dataphone Digital S
) standard. RTI is the world's leading supplier of DDS-related software and services, with more than four times the market share of all other DDS suppliers combined.

About ATD

ATD is a technology company specializing in the creation of systems for automated trading and customized equity execution solutions through its broker-dealer subsidiaries. ATD offers automated execution solutions in all domestic equity markets, including the listed, over-the-counter, exchange traded fund Exchange Traded Fund

Similar to an index mutual fund, these tracking stocks trade continuously. Two popular ETFs are the Standard and Poor's depositary receipt (SPDR) launched in 1993 and the NASDAQ-100 Index Tracking Stock (QQQ) which was launched in 1999.
 and bulletin board marketplaces.

ATD's automated systems strive to deliver superior execution, realizing significant time and cost savings. ATD's systems execute orders from buy-side institutions, retail order-sending firms, and sell-side broker/dealers, handling orders ranging in size from odd lots to institutional size blocks. In the fourth quarter of 2006, ATD accounted for approximately 7% of all NYSE NYSE

See: New York Stock Exchange
 volume and 6% of all NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 volume. ATD is the sole owner of Automated Trading Desk Financial Services, LLC and Automated Trading Desk Brokerage Services, LLC, both members NASD/SIPC.

About RTI

Real-Time Innovations (RTI) helps customers successfully develop and integrate the world's most demanding real-time applications. By coupling RTI's deep expertise in real-time communications with the highest-performance messaging middleware, RTI takes the risk out of distributed application development and system integration. The company's software and services have been leveraged in a broad range of industries including defense, intelligence, simulation, industrial control, transportation, finance and communications. Founded in 1991, RTI is privately held and headquartered in Santa Clara, CA. For more information, please visit www.rti.com.

RTI, Real-Time Innovations, The Real-Time Middleware Company and RTI Data Distribution Service are registered trademarks or trademarks of Real-Time Innovations, Inc. All other trademarks used in this document are the property of their respective owners.

The URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 for this release is located at: http://www.rti.com/corporate/news/ATD.html

RTI North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 Sales Contact: Real-Time Innovations, 3975 Freedom Circle, Santa Clara, CA 95054 Tel: 408-200-4700, Website: www.rti.com.

RTI European Office: Real-Time Innovations, P.O. Box 7302, Milton Keynes, MK13 0XL, Tel: +44 (0) 20 8133 9240.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 27, 2007
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