Redline Trading Solutions Unveils the Fastest NBBO Calculation on the Market

Groundbreaking solution composites direct exchange feeds with the SIP feeds to calculate the NBBO in as little as 5 microseconds

New York, NY - June 13, 2011 - Redline Trading Solutions, Inc., a leading provider of ultra-low latency trading solutions, announced the InRush NBBO, and 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 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-accelerate 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 markets events with the speed they need ensure the most profitable trades.”

Redline Trading Solutions - LEAD WITH SPEED
Redline Trading Solutions provides leading-edge trading solutions that solve the toughest latency and throughput challenges for the world’s most successful investment banks, hedge funds, and proprietary trading groups.

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