Metamako, Redline Ally for Low-Latency Data

Redline’s InRush ticker plant now uses Metamako’s network devices to capture and fan-out data from more than 150 global exchanges in five nanoseconds, allowing clients to obtain normalized market data for asset classes including equities, derivatives, foreign exchange, fixed income and commodities at the lowest possible network latency.

Clients can also reduce switching latency on order entry and aggregation by using Metamako devices to connect Redline’s Order Execution Gateway to exchanges.

Redline CEO Mark Skalabrin says Metamako’s devices are proven to be faster than any conventional switch, adding that joint customers are gaining a competitive advantage as its staff roll out Metamako’s switches.

As well as integrating Metamako’s network devices in Redline’s trading platform, the devices running Metamako’s MetaWatch application provide nanosecond-resolution packet timestamps on the market data, which now feed into Redline’s Market Data Recorder. This enables time-accurate back-testing of trading strategies, trade compliance verification, and analysis of market events.