Trading solutions firm integrates 20 FX venues into InRush software.
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.
Adam Sussman joins Anthony Malakian to talk about Liquidnet's acquisition of OTAS, machine learning and AI, and what the buy side wants from analytics platforms.Subscribe to Weekly Wrap emails
- CFTC Sets Up Lab to Connect with Fintech Firms
- Waters Rankings 2017 ─ Voting Now Open
- UPDATE: Liquidnet Acquires OTAS Technologies
- Euronext Continues Diversification Drive into Foreign Exchange with FastMatch Acquisition
- Waters Wavelength Podcast Episode 70: A Look at Liquidnet's Acquisition of OTAS