TradingTech 2019 Awards: REDLINE HAS BEEN Shortlisted For Best Low Latency Data Feed & High Performance Data Feed Handler, & BEST HIGH PERFOrMANCE MARKET ACCESS SOLUTION

Redline Trading Solutions has been short-listed for 2 categories in this year's Intelligent Trading Technology Awards, please vote for Redline! 

Features

Access Liquidity Faster

API to wire in as little as 2 microseconds

Execute Trades More Reliably

Persistence engine enables intraday order state recovery

Control Trading Risks

Perform risk checks and track order status while managing portfolio state

Redline’s Order Execution Gateway provides reliable and ultra-low latency order execution for a wide variety of trading and order routing applications, normalized across equities, options, futures, FX and fixed income markets.

Orders generated by local (in-server) trading applications may be received by the Order Execution Gateway (OEG) using our highly optimized execution API.

This market access solution not only forms and submits each order to the chosen trading venue for direct market access (DMA), but also performs order and portfolio management, real-time order tracking, pre-trade risk checks, and system monitoring. The results? A more complete execution solution at lower development costs with vastly improved trade execution.

Redline’s bullet proof Execution Gateway has been used by top tier hedge funds, proprietary trading firms, and global investment banks to trade hundreds of billions of dollars daily since 2012.

Customers have utilized Redline’s Order Execution Gateway to power their  direct market access trading needs including use cases such as algo trading, high frequency trading, smart order routing, and market making.

 

Powerful, Modular Architecture For Buy-Side & Sell-Side Use Cases

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The powerful architecture of Order Execution Gateway uniquely positions Redline to meet a wide variety of buy-side and sell-side use cases in executing orders:

Directed flow may be sent straight to the chosen destination gateway for order formation  and delivery. Destinations can be a direct market access trading venue, liquidity provider, or a broker DMA platform.

  • Orders may be sent to your smart order router, where InRush™ market data ensures that  routing decisions are based upon the most accurate pricing.

  • Incoming orders may be sent to a brokerage application — receiving client orders, delivering  them to the OEG for processing, and sending order updates back to clients.

  • Orders may even be sent to another OEG server in a remote colocation center to be executed at a trading venue in that co-lo for lower connectivity costs and faster execution.

 

Capabilities

Rich Set of Features

  • Flexible Ways to Input Orders—locally via out Execution API or remotely via the FIX Order Gateway

  • Comprehensive Order Management—maintains and reports multi-level order and order state information to your strategies

  • Direct and Exclusive Broker Control of Pre-Trade Risk Parameters—across asset classes and easily controlled algorithmically or by a human through an accessible relational database interface

  • Portfolio and Position Management—reports aggregated client & securities data (e.g. total committed capital, realized gain/loss)

  • Real-Time Order Tracking—order status at the exchange is reported back to your trading application as desired

  • Advanced Execution Options—support for market making, mass quotes, RFQs, auctions, and complex orders

  • Low latency Tuned— with advanced system level optimizations to take advantage of the latest hardware and software available

  • Maintains multiple session connections

  • Logging—Transaction Logging of every message sent from/to each venue

  • Certified—Certified with Direct Market Access Brokers for Equity Markets


Powerful Market Access Architecture

  • Designed to Flexibly Abstract Order Handling Processes—simplifying the design of your trading and order routing strategies

  • Runs on the Same Server as InRush and Your Trading Apps—reducing latency, infrastructure footprint, and costs

  • Alternatively, Runs as an Order Execution Hub—simultaneously processing orders from multiple clients to multiple exchanges

  • Distributed Gateways—OEGs at many co-los can be linked to minimize exchange connectivity costs, accelerate order execution


Readily Integrates Into Your Trading Environment

  • Execution API Fully Normalized Across Trading Venues and Security Types—to easily send orders and receive responses

  • Destination API Enables Intelligent Application Design—to direct order flow to the necessary applications

  • Drop Copy Server—provides normalized FIX-compliant real-time order and execution reports, with high availability built in


Executes Trades with Ultra-Low Latency Performance

  • API to wire in as little as 3 microseconds—including optional pre-trade risk check in 1 µsec

  • Tightly Coupled with Our InRush Market Data Platform—or interfaced with your existing market data platform

  • Supports the Fastest Exchange Message Formats—using binary exchange protocols where available, else FIX protocols

  • Scalability Built In—easily allocate more compute resources to the OEG as you connect to more exchanges


Resilient in Times of Market Disruptions

  • Persistent Synchronization and Storage — reconnect automatically to the exchange, recover state of the transaction sequence

  • Multi-day Order State Synchronization — to audit open orders at the exchange (e.g., Good Till Cancel)


Certified with Over 100 Trading Venues

  • Multi-Asset Class Support—connect to equities, futures, options, and foreign exchange venues

  • Certified with Supported Exchanges—ensuring reliable order delivery and quality support

  • Support for Optional and Exchange-Required Order Attributes—such as price & time limits, for full control over order handing

 

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