â€œRedline Managed Service experts are deploying Metamakoâ€™s switches for our joint customers who are gaining competitive advantage with this integrated, high-speed solution.” Mark Skalabrin, Redline CEO
WOBURN, Mass. and SYDNEY February 06, 2018
Metamako, the leading provider of low-latency, FPGA-enabled network devices, and Redline Trading Solutions, the premier provider of high-performance market data and order execution systems, today announced a partnership offering an ultra-low latency end-to-end solution for clients in the automated trading space.
Redlineâ€™s InRushâ„¢ market data solution, which provides high-quality consolidated market data feeds, now uses Metamakoâ€™s network devices to receive data from over 150 global exchanges, offering data fan-out in only 5 nanoseconds. As a result, clients can now obtain normalized market data with the lowest possible network latency for a wide range of asset classes including equities, derivatives, FX, fixed income and commodities.
Equally, Metamako devices can now be used to connect Redlineâ€™s Order Execution Gateway to exchanges for significantly reduced switching latency on order entry and aggregation.
â€œMetamako is uniquely positioned to significantly reduce network latency and increase flexibility in the network fabric which is a key advantage when deploying trading solutions like Redlineâ€™s,â€� said Kevin Covington, CEO of Metamako. â€œWe are driven to provide our clients with the fastest solutions possible and our joint focus is to continually develop increasingly advanced technology,â€� he added.
â€œRedlineâ€™s ability to run sophisticated and complex trading strategies with ultra-low latency end-to-end performance requires the fastest network connection to and from each trading venue, and Metamakoâ€™s devices are proven to be far faster than any conventional switch,â€� said Mark Skalabrin, CEO of Redline. â€œRedline Managed Service experts are deploying Metamakoâ€™s switches for our joint customers who are gaining competitive advantage with this integrated, high-speed solution,â€� he added.
In addition to the integration of Metamakoâ€™s network devices in Redlineâ€™s trading platform, Metamako devices running the MetaWatch application provide nanosecond-resolution packet timestamps of the market data. These timestamps, with a precision of 1 nanosecond, now feed into Redlineâ€™s Market Data Recorder, enabling time-accurate back testing of trading strategies, trade compliance verification, and analysis of market events.
For more information, contact Redline at sales(at)redlinetrading.com and Metamako at info(at)metamako.com.
About Redline Trading Solutions, Inc.
Redline Trading Solutions is the premier financial technology firm delivering low-latency access to market data and order execution on over 150 venues. With flexible delivery models, Redline provides a comprehensive, end-to-end solution for multi-asset electronic trading with global market coverage, enabling smarter access to global liquidity. Redline has offices in the U.S., Europe, and Asia supporting traders, market makers, financial institutions and other market participants worldwide. Visit us at redlinetrading.com.
Metamako is a leading provider of high-performance, low-latency network solutions for financial markets. Its network platform of disruptive hardware, FPGA-enabled devices and applications is built for ultra-low latency, superior performance and programmability to provide financial firms with the ability to simplify their network stack and support computing at the edge. Its super-fast devices with latency of just 4 nanoseconds have been independently tested by the STAC Benchmark Council.
Founded in 2013, Metamako is based in Sydney, Australia, with offices in New York, London and
Tokyo. For more information visit http://www.metamako.com.
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Redline and InRush are trademarks of Redline Trading Solutions, Inc. Other products mentioned may be trademarks of their respective holders.
Media Relations Contacts
Redline Trading Solutions, Inc.
Alla Lapidus / Piers Grassman
+44 (0) 20 7250 4770
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