High frequency trading boost from Rapid Addition

Rapid Addition has added IBM’s low latency messaging technology to its list of supported message transport protocols.

This extends the options available to clients for integration with RA-Cheetah, Rapid Addition’s ultra-low latency FIX engine, and its FIX adapted for streaming (FAST) data compression gateway and hub, RA-Quantum.

The benefits include support for the high-volume, low-latency requirements where speed of data delivery is paramount. This is enabled as reliable multicast messaging and reliable unicast messaging, along with support for Infiniband chip technology.

RA-Cheetah is the world’s fastest FIX engine, with sustained average latency of under 10μs, while RA-Quantum is capable of sub-microsecond compression and decompression of market data.

The financial information exchange (FIX) protocol is a series of messaging specifications for the electronic communication of trade-related messages. Banks, broker-dealers, exchanges, industry utilities and associations, institutional investors and information technology providers around the world developed it.

FIX Protocol is a non-profit organisation that owns the intellectual property rights of FIX which is provided free in the public domain.