Cost-effective market data
Multi-asset class support
RedlineFeed™ delivers normalized low-latency multi-asset class market data, built from direct feeds, in a cost-effective manner. The service offers market participants the performance benefit of direct feeds without the challenges of exchange connectivity and feed protocol changes.
Market Data As A Service
RedlineFeed is distributed from a publishing hub hosted and managed by Redline experts and is delivered on each subscribing application server by a locally embedded InRush™ Ticker Plant instantiation. Client applications receive normalized market data updates via the easy-to-use InRush API and via legacy API bridges. A redundant architecture assures a high availability feed, and book snapshots allow for client midday restart and recovery of book state after line gaps.
RedlineFeed publishers can be customized to publish a variety of use-case specific information such as a synthetic Best Bid & Offer for equities and options, user-defined BBOs per market, a user-configurable depth feed, or conflated quotes. User-defined striping enables content for a symbol set or symbol range to be assigned to specific multicast channels, reducing bandwidth requirements to subscribers.
The subscribing server can also formulate a subset of the data it receives from the RedlineFeed publisher and reliably republish it to downstream client subscribers. With this ability to cascade market data to edge caches that support hundreds of endpoints, a variety of quality of service levels can be met for global trading and monitoring use cases across the enterprise.
RedlineFeed is offered as both a shared and dedicated service. Leading buy and sell side financial services firms use RedlineFeed to power their mission-critical and low latency trading needs from algorithmic order execution to ATS dark pool matching.
Redline Feed Fully Managed
Redline’s Managed Service clients enjoy freedom of burden from the challenges and costs of directly managing exchange connectivity and feed protocol changes.
The Redline Managed Service team provides the infrastructure, connectivity, application support, and monitoring needed to meet service level agreements for the RedlineFeed.
Contact our team to speak to learn more about what we offer through managed services.
Redline Solution Benefits
Simplified Market Data
Access Multiple Markets via a Single Fast Connection — through a fully managed and hosted solution
Receive High-Quality, Low-Latency Market Data Sourced from Direct Feeds — at user-configurable depth
Customized Views of Market Data — composite books, synthetic Best Bid & Offer, conflated quotes
User-Defined Striping — assign content for a symbol set or symbol range to specific multicast channels for fan-out
Multi-asset Class Market Data — from global equities, options, futures, foreign exchange, and fixed income trading venues
Write to One API to Access All Published Venues — and use our Bloomberg and Reuters bridges for legacy applications
Performance Where It Matters
Straight-Line Aggregation — we co-locate with the matching engines you choose to co-lo with, minimizing transmission latencies
Nearly as Fast as Redline’s Direct Feed Solution — single-digit microseconds from exchange tick to your trading application
Optionally Conflated at the Source — minimizing the processing burden on slow consumers of handling outdated data
Renowned Ultra-low Latency Architecture — optimized on mainstream multicore servers without the burden of FPGAs
Lower Total Cost Of Ownership
Minimize Your Exchange Fees — via our hosting partner who serves as market data vendor of record
Pay Only for What You Need — pricing based on number of trading venues/servers and the tier of Managed Services requested
Significantly Reduce Operational Costs — by collapsing server footprint and outsourcing exchange connectivity
Managed and Hosted As You Prefer
Redline Managed — we set up and manage the infrastructure with our hosting partner and monitor our feed service for you
Managed by Your Service Provider — we work with your preferred hosting partner to enable them to support the RedlineFeed
Self-Managed — we assist your IT team with infrastructure configuration and train them on our monitoring tools
Scalable, Reliable Market Data
Scalable on Both the Publisher and Receiver Side — enabling enterprise-wide deployment
Linux and Windows Client Application Server Support — for ubiquitous deployment, including monitoring
Redundancy Enabled with Two Multicast Feeds — secondary server available for automatic failover
Any Multicast Gaps From the Exchanges Are Detected and Trigger a Snapshot — for reliable market data
Single Support Contact for All Market Data — free up IT resources and reduce operational costs