Options PIPE Velocity Clients now Have on-Demand Access to Redline's Accelerated Ticker Plant Technology
NEW YORK -- (BUSINESS WIRE) --
Options IT, a global provider of ultra-low latency market data and connectivity, fully managed application hosting and high-performance technology Infrastructure-as-a-Service (IaaS) for the sellside and buyside, today announced that Redline Trading Solutions, Inc., a provider of low-latency market data solutions, has deployed the Redline InRush 10G Accelerated Ticker Plant on the Options PIPE platform.
Trading firms may now leverage the InRush 10G ticker plant on-demand as a fully managed service powered by Options PIPE Velocity, Options IT's ultra-low latency, market data, connectivity and application hosting service.
The Redline InRush 10G embedded ticker plant is an ultra-low latency market data platform engineered for high-frequency trading, smart order routing, and other applications requiring the lowest possible latency. InRush leverages cutting-edge hardware acceleration to deliver consistent performance in the face of market volatility.
PIPE Velocity is one of three IaaS offerings on the Options PIPE platform, a fully managed and optimized global technology environment providing on-demand, private cloud technology solutions to more than 120 investment banks, proprietary trading shops, brokerages, and traditional and alternative asset management firms globally.
"Trading firms' appetite for increased throughput capacity and lower-latency market data solutions continues to grow across all market regions," said Nigel Kneafsey, CEO of Options IT. "We're delighted to work with Redline to offer firms an additional option for leveraging a high-performance market data solution that is fully managed and optimized within the Options PIPE environment."
"InRush 10G is squarely targeted at increasing trading profits for firms seeking ultimate trading performance," said Mark Skalabrin, CEO at Redline Trading Solutions, "Our hardware accelerated solution can bring together multiple directly connected equity, option, and futures exchanges with market leading performance under the most demanding market conditions. We are pleased to work with Options IT to make this solution available on-demand from the Options PIPE platform."
###
About Redline Trading Solutions (www.redlinetrading.com):
Redline Trading Solutions provides accelerated computing and low-latency market data solutions for latency and throughput sensitive applications in the Financial Services market. With Redline Trading Solutions, customers can radically transform their market data capabilities through a selection of scalable product offerings and customer-specific solutions that deliver robust, reliable, and deterministic results. For more information please contact Redline at 781-995-3403 or sales@redlinetrading.com.
About Options IT (www.options-it.com):
Options IT is a global provider of high-performance financial technology Infrastructure-as-a-Service, delivering ultra-low latency market data, connectivity and fully managed application hosting to investment banks, proprietary trading shops, brokerages, and traditional and alternative asset management firms. Combining innovative, centralized technology solutions with highly experienced technology management and support staff, the Options PIPE® platform, provides clients with a complete financial technology infrastructure solution that is cost efficient, quick to market, and offers full flexibility and scalability in a pay-as-you-go model. The Options PIPE platform, delivers the scalability, strength and security of an enterprise solution with the efficiencies of a hosted technology service.
Options PIPE® Platform Services:
An ultra-low latency market data, connectivity and application hosting service for all major markets across North America, Europe and Asia
A fully managed and optimized financial application hosting service for proprietary and third-party applications spanning the front-, middle-, and back-office
A complete business technology infrastructure service supporting all desktop and communication technology essential to financial services firms
CONTACT:
For additional information:
Options IT
Patrick Ruppe, 646-205-2500
Head of Marketing
patrick.ruppe@options-it.com
or
Redline Public Relations
Jan Hunter, 617-371-1122
jan@huntercopr.com