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Redline releases OpenMAMA bridge

First Published 27th January 2014

Redline Trading Solutions supports migration of OpenMAMA-based applications to Redline's InRush 3 ticker plant.

Mark Skalabrin, CEO, Redline Trading Solutions

Mark Skalabrin, CEO, Redline Trading Solutions

"Our ability to terminate all markets of interest and run trading applications in a dramatically reduced data center footprint results in improved performance and significant cost reductions."

Woburn, Mass. - Redline Trading Solutions, the provider of low latency market data and order execution gateway solutions, has announced the release of a new high-performance protocol converter bridging the InRush 3 market data ticker plant to OpenMAMA-based trading applications without requiring a rewrite of these applications.

OpenMAMA, first released in 2011, is the open source implementation of NYSE Technologies' legacy Middleware Agnostic Messaging API that has been adopted by banks and trading firms to provide a consistent abstraction layer over a variety of message-oriented middleware. One driver of OpenMAMA adoption has been risk mitigation - to reduce dependence on any one vendor of market data. Redline's OpenMAMA bridge aims to increase the market data choices available to the OpenMAMA community.

"Redline's bridge enables firms that use the OpenMAMA API to gain immediate access to our low-latency market data platform for their trading applications," said Mark Skalabrin, CEO of Redline Trading Solutions. "Our ability to terminate all markets of interest and run trading applications in a dramatically reduced data center footprint results in improved performance and significant cost reductions."

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