Pico Picks Redline for Trading

Low-latency agency brokerage Pico Quantitative Trading has integrated Woburn, Mass.-based Redline Trading Solutions' hardware-accelerated InRush ticker plant to support a new managed execution solution designed for Pico's multi-asset electronic trading clients, providing exchange co-location and market data and order routing connectivity. Officials say InRush enables the creation of full-depth, price-aggregated and composite order books with latency of less than five microseconds.

To continue reading...