NEW YORK--(BUSINESS WIRE)--Redline Trading Solutions, Inc. (www.redlinetrading.com), a leading provider of ultra-low latency trading solutions, announced the InRush™ NBBO, an innovative solution for calculating the National Best Bid and Offer for the U.S. equities market. The company will present the solution at the SIFMA Annual Financial Services Technology Expo to be held June 14-16 in New York City.
SEC regulations require that all equities brokers ensure that their customer trades execute at the best price across all competing U.S. market centers (exchanges). The required National Best Bid or Offer (NBBO) pricing information is typically provided by central consolidators (securities information processors, or SIPs) who combine the information from each market center and make it available for dissemination to financial institutions. While SIP-sourced feeds serve the needs of many applications, the inherent overhead in the formation and distribution of these feeds make them out of sync with the markets by many milliseconds, by the time they reach a trading application.
Redline’s InRush NBBO cuts through the delays by calculating the NBBO from direct connections to the major exchanges with hardware-accelerated software embedded directly into single-server trading applications. The solution eliminates the redistribution overhead and calculates the NBBO view of the markets in as little as 5 microseconds. As the fastest trading solution on the market, Redline’s InRush Accelerated Ticker Plant delivers NBBO-compliant answers milliseconds ahead of the SIP – all without using the computational resources of the client’s trading server. For smart order routing, crossing engines, algorithmic trading strategies, or high-frequency trading, Redline’s solution enables faster access for more profitable trading results.
“We have taken the same technology that we supply to high-frequency trading applications and used it to help trading firms get better prices for their customers’ trades,” said Mark Skalabrin, CEO of Redline Trading Solutions. “With InRush NBBO, our customers can react first to changing market events with the speed they need ensure the most profitable trades.”
For more information on Redline’s trading solutions, contact Redline at sales@redlinetrading.com or (781) 995-3403, or visit Redline in Booth #1509 at the SIFMA 31st Annual Financial Services Technology Expo to be held June 14-16 at the Hilton New York in New York City, NY.
Redline Trading Solutions – LEAD WITH SPEED
Redline Trading Solutions (www.redlinetrading.com) provides leading-edge trading solutions that solve the toughest latency and throughput challenges in today’s demanding markets for the world’s most successful investment banks, hedge funds, and proprietary trading groups.
InRush and Redline are trademarks of Redline Trading Solutions, Inc. Other product or company names may be trademarks or registered trademarks of their respective holders.