IEX Taps Redline Ticker NBBO Feed for Price Matching

mark-skalabrin-redline

Redline captures and consolidates direct feeds from US equities markets to create a national best bid and offer, which IEX uses to govern the price at which it matches trades between brokers executing on the platform.

"We are used for smart order routers, algorithmic trading, high-frequency trading, etc., as well as in dark pools and matching engines as a price reference─and that's what is going on here: they are using our feed to provide an accurate view of what's going on in the markets to act