Metamako, provider of low-latency, FPGA-enabled network devices, and Redline Trading Solutions, 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.
Redline’s InRush™ market data solution, which provides high-quality consolidated market data feeds, now uses Metamako’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 normalised 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 Redline’s Order Execution Gateway to exchanges for significantly reduced switching latency on order entry and aggregation.
“Metamako 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 Redline’s,” said Kevin Covington, CEO of Metamako. “We are driven to provide our clients with the fastest solutions possible and our joint focus is to continually develop increasingly advanced technology,” he added.
“Redline’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 Metamako’s devices are proven to be far faster than any conventional switch,” said Mark Skalabrin, CEO of Redline. “Redline Managed Service experts are deploying Metamako’s switches for our joint customers who are gaining a competitive advantage with this integrated, high-speed solution,” he added.