In a press release published today, Redline announced that Eddie Lau, who joined the company in 2011, will be heading the firms’s new sales and support office in Hong Kong as Manager of Solutions Engineering – Asia Pacific.
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Redline, an American technology company founded in 2008, designs ultra-low latency market data and order execution systems for the equities, options, futures and FX markets. Redline targets global investment banks, brokers, exchanges, hedge funds and proprietary trading firms for the sale of their applications.
Forex Magnates reported in May this year about Redline’s North American expansion plans when the company partnered with ICE. Now Redline has also announced full Asian FX trading coverage and a roadmap to extend support to trading venues in Singapore, Hong Kong, Australia, Korea and India. Other equity and derivative exchanges are expected to follow, alongside the already existing support for Japanese markets.
Mark Skalabrin, CEO of Redline Trading Solutions, said in the company’s press release that, “Establishing a presence centered in Asia is another step in our mission of providing outstanding service to our customers as we grow our international business.”