RTS Realtime Systems Group (RTS), a leading global trading solutions provider, has announced plans to open its first regional data center in Dubai.

Expected to go live in mid-July, the new hub in the RTS global trading network will offer ultra-low latency access to the Dubai Gold & Commodities Exchange (DGCX), one of the world’s fastest growing exchanges.

The data center will be located in the new DGCX co-location facility, which opened in February with the exchange’s successful migration to its new low latency trading platform.

Commenting on the launch, RTS CEO Steffen Gemuenden said: "Two years ago, we were delighted to forge a successful partnership in the Middle East with DGCX by providing connectivity and our popular RTD Tango algorithmic trading solution to this market."

"With the new data center, we’re taking the partnership with DGCX to the next level – enabling our common clients in Asia, the US and Europe to have ultra-low latency access to DGCX," stated Gemuenden.

"Clients can soon leverage our full range of Tango solutions in this co-located environment to maximize their trading strategies," he added.

DGCX chief executive Gary Anderson said the exchange is in the midst of an exciting growth phase following the implementation of the EOS Trade platform this year.

"An advanced trading platform and strong product line has enabled DGCX to be one of the fastest growing exchanges in the world. The integration of RTS’s Dubai data center into its co-location facility will further enhance ultra-low latency connectivity to the Exchange for market participants and support them in maximizing trading strategies," he added.

In the past year, RTS has expanded its global network, opening data centers in Shanghai, Tokyo and Hong Kong to address growing demand in the Asia Pacific region. The firm already had data centers in Chicago, New York, London, Frankfurt, Singapore and Mumbai.-TradeArabia News Service