RIOP allows one DMA (Direct Market Access) at a distance by mitigating latency effects. It does this by creating a ‘trading object’ which is the embodiment of the what and the how of the trade. It combines data and the method into an object to be deployed at a distant server collocated to an exchange via a simple English like protocol all on the fly.
The trader can thus communicate the full robustness of his intent to the exchange venue; the EMS (Master)is virtually cloned (Slave) at the exchange. It is a distributive EMS!! It allows refactoring, integration, modularity, and scalability resulting in better execution (lower cost, better timing), and more profitability (cutting costs, allowing for new revenue schema).