March 19, 2019 · Press Releases
Ronin Capital Expands Use of Rival Systems for Options Trading in Asia
CHICAGO (March 19, 2019) – Rival Systems (Rival) today announced that Ronin Capital, a proprietary trading firm, has deployed the Rival platform for their trading initiatives in Asia. Ronin Capital is now using Rival to trade options and futures on the Hong Kong Futures Exchange and Osaka Securities Exchange. Rival was selected for this initiative as it provides superior speed, unparalleled support, and commitment to working with traders to quickly deliver innovative features.
“We’ve used many different trading systems over the years, but Rival is the only one that offers the full combination of top-notch support, low latency performance, innovative functionality, and a comprehensive API for customization,” said Steve Cross, Asia Derivatives Trader at Ronin Capital, “It’s been a pleasure to work with the Rival team and we look forward to expanding our relationship in the future.”
Ronin Capital has been using Rival for multi-asset trading and enterprise risk management on the United States and European exchanges since Rival launched in 2015.
“We’re extremely grateful to Ronin for our long-standing relationship and for the opportunity to work with their traders to expand our capabilities into Asia,” said Robert D’Arco, CEO of Rival Systems, “With our recent expansion in Europe and now Asia, we’re fully committed to meeting the connectivity and functionality requirements of our global clients.”
Rival is also working with Ronin Capital to add support for the Korea Stock Exchange later this year.
About Rival Systems
Rival Systems offers award-winning market data feed handlers, multi-asset trading capabilities, enterprise risk management, smart API for strategy development and top-of-the-line technology services. Rival’s proven speed and innovative, constantly evolving features empower firms to compete in today’s markets and get smarter with every trade. To learn more about Rival’s comprehensive solutions for market data, multi-asset trading, algorithmic strategy development and enterprise risk management please visit RivalSystems.com.