Redline Trading Solutions has announced today that 24 Exchange is now supported by its InRush Ticker Plant and Order Execution Gateway for its FX clients.
Redline provides market data and order execution systems for automated trading, while 24 Exchange is an offshore OTC trading platform launched last year that offers NDF trading, although it plans to ultimately be multi-asset class.
“Non-deliverable forwards are becoming an increasingly important part of the FX trading landscape,” says Mark Skalabrin, CEO of Redline. “We are excited to provide our FX customers with the innovative NDF offering from 24 Exchange as part of our award-winning FX trading platform.”
“We are thrilled to become a market data and routing destination on the robust and growing Redline Trading Solutions Network. Our mutual clients will benefit from trading non-deliverable forwards with both greater transparency and enhanced liquidity,” says Dmitri Galinov, CEO and founder of 24 Exchange.