About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Redline Adds Eurex EOBI Order Book Support To its Fast Market Data Solution

Subscribe to our newsletter

Underscoring the important role of Eurex to European markets in general, Redline Trading Solutions has added a feed handler using Eurex’s Enhanced Order Book Interface (Eurex EOBI) protocol. The EOBI interface offers faster access to Eurex order book data, helping firms to respond more rapidly to changes on Eurex whether they are trading in the German derivatives exchange or interpreting market moves as price signals for other European markets.

The addition brings to 30 the number of European venues supported by Redline’s market data solution, among them BATS Chi-X Europe, Deutsche Börse, Euronext, the London Metal Exchange, London Stock Exchange Group, Nasdaq OMX Group and others. Redline supports more than 150 market data feeds worldwide.

According to Mark Skalabrin, CEO, Redline’s market data solution supports a wide range of users types, ranging from Tier 1 investment banks to highly specialized prop shops and hedge funds. Many of Redline’s clients have a global outlook, he says. “Even the smallest players of just a few traders often will trade in markets across North America, Europe and Asia.” For those clients that need only supplemental, non-direct feed access to markets, Redline offers a consolidated RedlineFeed.

“This broad support for European equity and derivative venues enables normalisation of market data across exchanges for faster trading insights,” Skalabrin says. The US-based company established its European headquarters on Cannon Street in the City of London back in 2014. It has since added a production services and support centre in Belfast to expand its global support operations. The Belfast operation draws upon the growing market data expertise in Northern Ireland, building on earlier investments in people by Wombat / NYSE Technologies, Harco, Fidessa, Datactics and others.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Smart Trader Desktops: Placing UX at the front and centre of the trading workflow

Date: 15 October 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Trading strategy is in place, the technology stack is optimised and the trading team is highly skilled – but what about the user experience? Whatever the stack, the desktop, the trading apps and their functionality, a trading platform is...

BLOG

Countdown to T+1: Market Readiness and the Push for Automation

As the North American T+1 settlement deadlines fast approach – 28th May 2024 for all US securities settled through DTC and 27th May for Canadian securities – the industry has been ramping up in preparation. And although the shorter settlement cycle promises to increase settlement efficiency, improve liquidity, decrease counterparty risk and reduce overall trading...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Entity Data Management Handbook – Second Edition

Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business...