Reliable Consolidated Stream of Low-Latency Market Data Delivered Anywhere

 

Redline’s enterprise-wide market data distribution solution publishes normalized low-latency market data, built from direct exchange feeds to any number of subscribing applications in a reliable, scalable, flexible, and cost-effective manner. Easily integrated into your trading applications via our InRush API, it is offered as a fully hosted and managed service, or as a software technology that firms can self-host and self-manage.


FEATURES

ONE API TO PUBLISH DATA ACROSS THE ENTERPRISE

FLEXIBLE SUBSCRIPTION & DISTRIBUTION OPTIONS

SCALABLE TO ENDPOINTS ACROSS THE LATENCY SPECTRUM

 

OPTIMIZED SERVER FOOTPRINT

RESILIENT ARCHITECTURE

COMPLETE TRANSPARENCY TO LATENCY METRICS


Redline Distribution Benefits

The heard of Redline’s market data distribution solution is Redline Transport Protocol (RTP) that specifies binary packet encoding. This protocol supports an advanced set of capabilities tuned to meet a wide variety of market data needs across enterprise applications. market data can be delivered at configurable depth, composited across markets, time-conflated, limited to symbols of interest, and stripped across separate lines, all of which reduce the data transmitted to only what the consuming applications require.

One publishing hub can publish multiple unique feeds directed to specific client applications. Fanout over multicast and unicast transports are supported to address remote client requirements. Snapshot lines allow for client midday restart and recovery of the book state after a line gaps, and built-in feed and hardware redundancy support is a highly available service

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Additional Features

Alphabetically striped lines, whitelisted symbols, or dynamic subscriptions

Each consumer’s subscription managed locally by embedded ticker plant

A/B line arbitration with automatic failover to any number of feeds

Data may be reliably cascaded throughout an enterprise to edge caches


Have a Reliable Data Distribution Architecture

In case of a network failure
The publisher is configured to publish redundant A and B lines over isolated network paths. Consuming servers perform line arbitration and continue to receive updates (and snapshots) if one side fails.

In case of of a publisher failure
A redundant publisher is set up. The consuming server monitors heartbeats and can automatically fail over a line or entire feed upon drop out, gap or synchronization failure. It receives book snapshots from the redundant publisher to resume the active state.

In case of a data center outage
A completely separate set of primary and failover publishers are set up in a DR center. In the event of an outage, the consuming servers can automatically or manually fail over to the DR site.

Configuration Management, Entitlements and Monitoring

Publishing servers are configured based on a single configuration file that defines their feeds, failover mechanism, publishing parameters and core/memory allocation

Consuming servers are configured similarly, according to their latency characteristics

Redline’s integration with Reuter’s Open DACS API allows for easy control and monitoring of user access to market data via “authorization checks”

Redline’s monitoring tools with Nagio, Geneos ITRS, and Redline’s management API in order to observer and alert on many performance and stability characteristics.

Software Change Management

Redline software is delivered via RPM from Redline’s secure FTP site that can be installed with or without root privilege and rolled back if necessary,

Server change management is decoupled between local consumers and remote publishers for easier maintainability

Our single release stream avoids fragmentation across branches and readily accommodates the addition of new trading venues via a license key rather than a software update.


Service Levels

SELF-HOSTED, SELF-MANAGED

  • Redline software deployed, managed, and monitored by you in your own environment

REDLINEFEED FULLY MANAGED

  • Redline managed co-lo hosting/monitoring, cross-connected to your applications

  • A shared service amortizing infrastructure costs

  • Or a dedicated service, for client change control

REDLINE MONITORING SERVICE

  • Redline monitors your self-hosted publishing hubs


 

Consult our experts to learn how Redline can empower your trading.