Options, Redline Expand Partnership
Through the pairing, customers will have access to exchange-traded equities, options, futures and foreign exchange market data, as well as broker connections and the ability to submit and track order to the exchanges, according to a release.
The solution will be delivered via the Options Pipe Velocity offering, which provides low-latency trading functionality, FIX connections, and a market data and computing infrastructure.
"This latest evolution of our partnership with Redline is particularly exciting in that it is the first fully managed ticker plant solution being made available to Options customers through our Velocity platform," says Nigel Kneafsey, CEO of Options. "From a client's perspective, it will drastically lower the barriers to entry in a sector that demands firms build and maintain robust and highly agile platforms to cope with the ever-increasing need for higher throughput capacity and lower-latency data. The Options-Redline solution is a cost-effective means by which firms can leverage such a platform."
Options and Redline first teamed in 2010 when Redline deployed its InRush Accelerated Ticker Plant to Options' Private Financial Cloud platform.
"The ability to deploy an ultra-low latency market data and order execution platform in a managed environment is changing the game for trading firms by shrinking the amount of capital required to achieve a best-in-class solution," says Mark Skalabrin, CEO at Redline Trading Solutions. "The Options/Redline environment allows firms to focus on their trading strategies where differentiation drives profits."
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
The IMD Wrap: Talk about ‘live’ data, NAFIS 2024 is here
This year’s North American Financial Information Summit takes place this week, with an expanded agenda. Max highlights some of the must-attend sessions and new topics. But first, a history lesson...
MarketAxess builds strategy around X-Pro
MarketAxess profits were down in Q1, but revenues were up and automation volume hit a record $94 billion.
Canada’s triparty repo launch aims to fill C$60bn void
Test trades on TMX/Clearstream platform represent “quantum leap” for creaking funding markets.
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Bank-led consortium takes aim at position reporting
Five banks, including Barclays, BNP Paribas, Goldman Sachs and HSBC, have joined forces to mitigate interpretation and implementation errors in position reporting disclosures.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.
Consortium backs BGC’s effort to challenge CME
Banks and market makers—including BofA, Citi, Goldman, Jump and Tower—will have a 26% stake in FMX.
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
Most read
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Waters Wrap: GenAI and rising tides