Redline Trading Solutions
Redline Trading Solutions empowers your trading with low latency and reliable market data and order execution gateway solutions for automated trading.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Redline Trading Solutions, established in 2008, operates as a specialized provider of high-performance market access technology for the financial services sector. The company was founded by Mark Skalabrin, who also served as its CEO, and Matt Sexton. Before its acquisition, the firm secured $12.5 million in funding over two rounds, with notable investors including Goldman Sachs' growth equity arm, GS Growth.
The firm's core business revolves around delivering ultra-low latency software solutions for market data processing and order execution. Its clientele is composed of institutional players such as global banks, brokerages, quantitative hedge funds, proprietary trading firms, and ETF market-makers. Redline's revenue model is based on recurring software subscriptions and offering its products as a fully managed service at key co-location facilities, which simplifies operations for its clients.
Redline's product suite is designed to give traders a competitive edge by minimizing the time between receiving market data and executing a trade. Key offerings include the InRush Accelerated Ticker Plant, which processes market data feeds from multiple exchanges with minimal delay, and the Execution Gateway, a normalized API for managing trade orders across various venues. These products support a wide array of asset classes, including equities, options, futures, foreign exchange, and fixed income, across more than 180 global venues. In January 2022, Redline was acquired by Pico, a provider of mission-critical technology and data services for financial markets, in a move to combine Redline's software expertise with Pico's extensive global infrastructure.
Keywords: financial technology, low-latency trading, market data solutions, order execution systems, capital markets technology, high-frequency trading, electronic trading, proprietary trading, quantitative hedge funds, brokerages, sell-side technology, buy-side technology, unified API, market access, InRush Ticker Plant, Execution Gateway, FX aggregation, institutional trading, co-location services, Pico, Goldman Sachs