Redline Bows Managed Consolidated US Exchange Feed
Redline officials say the service─pricing for which will be based on the number of venues, symbols and servers required─will provide the cost advantages associated with managed services without compromising latency, since the service will be "nearly as fast" as Redline's direct feed solution, with latency of "single-digit microseconds from exchange tick to... trading application."
The feed is initially available at Equinix's datacenter campus in Secaucus, NJ and other co-location facilities, and uses hosting capabilities provided by managed infrastructure vendor Options.
"Trading firms are seeking global market data solutions that cost them less to maintain while not compromising low-latency receipt of the data," says Redline chief executive Mark Skalabrin in a statement.
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