Redline Trading Solutions, a premier provider of high-performance market data and order execution systems for electronic trading, has announced a new senior hire, appointing Patrick Lau as its Director of Europe, Middle East, and Africa (EMEA) Sales.
In his new role Mr. Lau will be based out of Redline’s London office. He will be working with Dave Carson, Redline’s data and capital markets veteran, helping expand the group’s high performance solutions across European markets.
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The appointment of Mr. Lau represents a bid by the company to increase its market penetration, supporting growth of its technology suite that includes market data software, enterprise data distribution, order execution engines, and Infrastructure-as-a-Service offerings.
Mr. Lau originally joined Redline back in April 2016, having since worked in its global sales unit in New York. His promotion marks his first foray into the European markets space.
According to Mark Skalabrin, CEO of Redline, in a statement on the hire: “Our increased focus on EMEA is a direct response to new customers drawn to our high-reliability, ultra-low latency solutions for European equities, foreign exchange, and global derivatives. An important driver of our growth is firms migrating away from legacy solutions to meet the demanding requirements of MiFID II.”