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.
While at Sibos Toronto, James shares some interviews covering topics on blockchain, fintechs and cybersecurity.Subscribe to Weekly Wrap emails