Our ability to terminate all markets of interest and run trading applications in a dramatically reduced data center footprint results in improved performance and significant cost reductions.
Woburn, Mass. (PRWEB) January 27, 2014
Redline Trading Solutions, the premier provider of ultra-low latency market data and order execution gateway solutions, today announced the release of a new high-performance protocol converter bridging the InRush™ 3 market data ticker plant to OpenMAMA™-based trading applications without requiring a rewrite of these applications.
OpenMAMA, first released in 2011, is the open source implementation of NYSE Technologies’ legacy Middleware Agnostic Messaging API that has been adopted by major banks and trading firms to provide a consistent abstraction layer over a variety of message-oriented middleware. One driver of OpenMAMA adoption has been risk mitigation – to reduce dependence on any one vendor of market data – and Redline’s OpenMAMA bridge increases the market data choices available to the OpenMAMA community today.
“Redline’s bridge enables firms that use the OpenMAMA API to gain immediate access to our low-latency market data platform for their trading applications,” said Mark Skalabrin, CEO of Redline Trading Solutions. “Our ability to terminate all markets of interest and run trading applications in a dramatically reduced data center footprint results in improved performance and significant cost reductions.”
For more information, contact Redline at +1 781 995 3403 or sales(at)redlinetrading(dot)com.
Redline Trading Solutions, Inc. – Intelligent Trading. Faster™
Redline Trading Solutions provides leading-edge intelligent trading solutions that solve the toughest latency, throughput, and cost challenges for the world’s most successful investment banks, brokers, exchanges, hedge funds, and proprietary trading firms. http://www.redlinetrading.com
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InRush, Redline, and Intelligent Trading. Faster are trademarks of Redline Trading Solutions, Inc. OpenMAMA is a registered trademark of the Linux Foundation. Other product or company names may be trademarks or registered trademarks of their respective holders.