Redline Trading Solutions Achieves 5.2 Microsecond Tick-to-Trade STAC-T1 Performance on Mainstream Technology

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STAC-audited benchmark measured a mean latency of 5.2 microseconds from arrival of market data to transmission of orders for a CME futures trading use case.

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“We are pleased that Redline continues to show leadership by using the rigorous, end-user driven STAC-T1.EMINI™ benchmark to demonstrate the tick-to-trade performance of its ticker plant and execution gateway,” said Peter Lankford, Director, STAC.

Redline Trading Solutions, a leader in ultra-low latency ticker plant and order execution solutions, today announced an updated STAC® tick-to-trade performance assessment of its InRush™ 3 Accelerated Ticker Plant and Execution Gateway. The tests were based on a CME futures trading use case that measured latency from arrival of market data to transmission of orders – wire to wire – and were run on a server configured with Dell’s processor acceleration technology. With market data replay run at 8X the real-time rate, the benchmark measured a mean latency of 5.2 microseconds and a standard deviation of 1.2 microseconds.

“We are pleased that Redline continues to show leadership by using the rigorous, end-user driven STAC-T1.EMINI™ benchmark to demonstrate the tick-to-trade performance of its ticker plant and execution gateway,” said Peter Lankford, Director, STAC.

InRush 3 directly connects and manages multiple exchange feeds to high-performance client trading applications, while the Execution Gateway interfaces and tracks order flow to multiple execution venues simultaneously. Both applications are highly optimized for platforms based on the Intel® Xeon® processor E5 family and advanced network adapter technologies in a single-server solution to accelerate the tick-to-trade path. These tests were run on Dell PowerEdge 720 servers, Mellanox ConnectX®-3 EN 10 Gigabit Ethernet Adapters, and RHEL 6.1, using the Corvil® latency monitor and Datacom® Systems optical tap to precisely measure latencies.

“Higher performance and lower latency means faster decisions around risk and trade execution. The end result is better profitability for our financial services customers,” said Bob Barris, Vice President of Global Sales, Banking and Securities at Dell. “Dell Processor Acceleration Technology (DPAT) is another innovative way Dell can help financial services customers take full advantage of their trading platform by helping boost application performance and increase processor frequency without costly and time-consuming hardware upgrades and software code changes.”

“These benchmark results show how low latency hardware tuning and application software optimizations combine to demonstrate the advantages of the Intel Xeon processor E5-2600 product family for ultra-low latency trading on cost-effective, industry-standard servers,” said Garry Thall, Director, Financial Services, Intel Americas. “Redline's multicore optimized architecture is aligned to Intel's strategy of delivering increased computational capacity and lower latency performance in two-socket and four-socket single server solutions.”

The test cases, developed by STAC with input from the Chicago Mercantile Exchange (CME) and a proprietary trading firm that trades on the CME, are being proposed to the STAC Benchmark Council for ratification as a standard. The full set of results is available at http://www.STACresearch.com/redline.

For more information on Redline’s automated trading solutions, contact Redline at sales(at)redlinetrading(dot)com or +1 781-995-3403, or visit redlinetrading.com.

Dell

Dell Inc. listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit dell.com.

Intel Corporation

Intel is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

Redline Trading Solutions – Intelligent Trading. Faster™

Redline Trading Solutions (redlinetrading.com) provides leading-edge automated trading solutions that solve the toughest latency and throughput challenges for the world’s most successful investment banks, hedge funds, and proprietary trading firms.

STAC, STAC Benchmark, and all other STAC names are trademarks or registered trademarks of the Securities Technology Analysis Center LLC. Intel is a registered trademark and Xeon is a trademark of Intel Corporation in the U.S. and/or other countries. PowerEdge is a trademark of Dell Inc. InRush, Intelligent Trading. Faster, and Redline are trademarks of Redline Trading Solutions, Inc. Other product or company names may be trademarks or registered trademarks of their respective holders.

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Lee Fisher
Redline Trading Solutions
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