WOBURN, Mass.--(BUSINESS WIRE)--Redline Trading Solutions, Inc., a leading provider of ultra-low latency trading solutions, announced that its InRush Accelerated Ticker Plant was selected as the National Best Bid and Offer (NBBO) data source for matching trades in Goldman Sachs Electronic Trading’s (GSET®) liquidity pool, SIGMA X.
“We’re pleased to be working with Goldman Sachs Electronic Trading to provide cutting-edge market data consolidation for their client base through SIGMA X,” said Mark Skalabrin, chief executive officer, Redline Trading Solutions. “With InRush, GSET clients benefit from receiving an ultra-low latency NBBO-calculation for every symbol on the wire.”
Redline’s InRush NBBO is a highly-efficient solution for calculating the NBBO for the U.S. equities market. InRush NBBO reduces delays by calculating the NBBO from direct connections to the major exchanges in a single-server trading platform. The solution eliminates the need for multiple levels of data redistribution while calculating the NBBO in as little as five microseconds.
“Redline accelerates NBBO delivery for our customers and significantly reduces our hardware requirement,” said Adam Mazur, managing director and co-head of business development, Goldman Sachs Electronic Trading. “The addition of Redline’s performance and functionality is a continuation of GSET’s drive to deliver trading platforms of the highest quality.”
GSET’s SIGMA X is operated by Goldman Sachs Execution & Clearing, L.P., a U.S.-registered broker-dealer.
For more information on Redline’s market data solutions, contact Redline at sales@redlinetrading.com or (781) 995-3403 or visit http://www.redlinetrading.com.
About 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. GSET and SIGMA X are registered trademarks licensed for use by Goldman, Sachs & Co.