Redline adds support for BrokerTec Market

Source: Redline Trading Solutions

Redline Trading Solutions, the premier provider of high-performance market data and order execution systems for automated trading, today announced support for BrokerTec Market, one of the leading electronic trading platforms for fixed income markets.

The release of BrokerTec support, combined with previously announced support for eSpeed, provides Redline customers with a comprehensive solution for high-performance trading of on-the-run U.S. Treasury products.

“We see the fixed income market gearing up for a shift from voice and legacy electronic systems to high-performance trading solutions, much as we observed a similar transition in the foreign exchange market beginning several years ago,” said Mark Skalabrin, CEO of Redline. “We are pleased to bring a new choice to fixed income traders seeking a trading platform offering higher performance, exceptional reliability, and lower operational costs.”

Redline’s InRush™ ticker plant normalizes market data from over 150 global trading venues across equities, derivatives, FX, and fixed income asset classes and delivers the data of interest, at ultra-low latency speeds, to subscribing automated trading applications. The addition of this fully certified ITCH-based feed handler for BrokerTec Market helps trading applications perform price discovery in the fixed income market.

Similarly, Redline’s Order Execution Gateway supports normalized market access across asset classes. The addition of our certified OMex-based interface to BrokerTec Market allows trading applications to enhance access to market liquidity and improve fill rates through ultra-low latency order placement.  

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