RTD Realtime Trading Desktop

Does anyone have any experience with RTD Realtime Trading Desktop for options trading? Any thoughts would be appreciated.

 

If this is for trading US option markets, have you seen the new non-display market data fees for 2015?

NYSE U.S. Market Information Non-Display Use Policy: Effective January 1, 2015

Non-Display Use Definition: Non-Display Use of real-time NYSE Market Information means accessing, processing or consuming NYSE Market Information, delivered via direct and/or Redistributor (defined below) data feeds, for a purpose other than in support of data recipient’s display or further internal or external redistribution.

Examples of Non-Display Use are, but are not limited to:
 Any trading in any asset class
 Automated order or quote generation and/or order pegging
 Price referencing for algorithmic trading
 Price referencing for smart order routing
 Operations control programs
 Investment analysis
 Order verification
 Surveillance programs
 Risk management
 Compliance
 Portfolio Valuation

NYSE OpenBook $6,000
Nasdaq Totalview $4500
OPRA $500

 

doesn't have to be US equity options. Any asset class, any country options trading

 

options on futures much cheaper

 

RTD was primarily used by heavy options traders and many that were making markets. RTS was bought by Bloomberg so I am not sure if the product has been update since then or not. RTD was always very powerful yet not that intuitive to use.

Hope this helps.

 

Do you know if RTS was updating and investing in their options market making platform prior to the Bloomberg deal?