Redline Trading Solutions announced today that BSE, Ltd. (formerly Bombay Stock Exchange Ltd.) is now supported by Redline’s market data and order execution gateway solutions, enabling firms trading on this exchange to receive and act upon real-time price and order book information faster than ever before.
“Our support for BSE brings Redline’s high-performance technology to one of the world’s fastest exchanges,” said Mark Skalabrin, CEO of Redline Trading Solutions. “Adding BSE is an important step in expanding our support for global exchanges,” Skalabrin added.
Redline’s InRush™ feed handler was written to the low-latency Enhanced Order Book Interface (EOBI) protocol, which BSE adopted as part of its multi-year partnership with Deutsche Börse Group. Redline’s Order Execution Gateway solution, with integrated pre-trade risk checks, speeds delivery of electronic orders to the BSE matching engine using BSE’s Enhanced Trading Interface (ETI) protocol.
Redline’s support for BSE includes their equity, equity derivatives, and currency derivatives markets.