Redline Adds FX to Ultra-low Latency Offering
![mark-skalabrin-redline mark-skalabrin-redline](/sites/default/files/styles/landscape_750_463/public/import/IMG/509/180509/mark-skalabrin-redline.jpg.webp?h=d6469675&itok=c2QK9pRH)
Redline Trading Solutions announced it will integrate 20 new foreign exchange (FX) venues into its InRush Ticker Plant and Execution Gateway, including major FX Electronic Communication Networks such as FxAll and FXCM Pro, and a number of global banks including Barclays Capital BARX and Nomura.
Designed to deliver a high order-hit rate, the new software will allow servers to receive market data and place orders across supported venues at single-digit microsecond latency, and will be targeted at high-frequency and algorithmic trading applications.
The new integration is another sign of rapid transformation in the FX market, viewed by Redline as an opportunity to leverage software previously developed for trading in equities, options, and futures. "The combination of our ultra-low latency architecture with support for a broad range of FX liquidly providers is poised to deliver game-changing profitability to our customers," says Mark Skalabrin, CEO of Redline Trading Solutions.
With testing beginning at an early adopter site over six months ago, the full solution is in production and available for immediate delivery.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Adaptive’s Aeron goes live on Microsoft Azure Marketplace
The messaging software used for building bespoke trading platforms is now available on Microsoft’s marketplace, making it accessible through major cloud providers.
Bloomberg, industry bodies push back on Cboe’s proposed OEMS rule change
Some industry bodies disagree with the options exchange’s proposal to carve its Silexx OEMS out of the SEC’s definition of an exchange facility and place it into a separate business line.
Waters Wrap: CME, Google and the pursuit of ultra-low-latency trading
CME Group and Google have announced Aurora, Illinois, as the location for the exchange’s new co-location facility. Anthony explains why this is more than just the next phase of the two companies’ originally announced project.
WatersTechnology latest edition
Check out our latest edition, plus more than 12 years of our best content.
Natixis refines in-house interoperability model
The French asset manager has refined its canonical data model over the last decade, as the interoperability movement continues to evolve.
Zeros and ones: Industry contemplates T+0 as the next step
With the North American transition to T+1 settlement complete, same-day settlement could be the next goalpost set, though skeptics are many.
IEX Cloud closure forces fintech clients to seek data alternatives
IEX says it is ditching its unprofitable data arm to focus on its core exchange business, but other vendors believe they can turn a profit from its former client base of fintechs, retail investors and some institutions.
This week: Nasdaq/IDX, IMC/Cboe, S&P, and more
A summary of the latest financial technology news.