trading technology headquarters 80 pine street 27th floor new york ny 10005 key people rishi nangalia ceo mark etherington cto michael rude cro greg stockett cfo coo cade hamner corporate counsel website http www.redi.com redi global technologies is an independent consortium owned financial technology firm . its flagship product is rediplus a global multi broker multi asset oems order execution management system . through it users can access more than 150 execution brokers to route equities futures or options orders globally as well as over 20 prime and clearing brokers . 1 redi also allows its broker and vendor partners to integrate their applications within rediplus . according to the company there are over 5 000 active users of rediplus worldwide . contents 1 early history 2 goldman acquisition 3 spinoff 4 references 5 external links early history edit redi is one of the most enduring brands in the electronic trading space tracing its roots to 1992 when it was launched by market maker and new york stock exchange nyse specialist spear leeds & kellogg . the platform which stood for rapid execution dot interface was one of the industry s first electronic order entry systems . goldman acquisition edit redi became a goldman sachs platform in 2000 following the firm s 6.5 b acquisition of slk . 2 under goldman functionality was steadily added to the platform including options and futures trading capabilities in 2000 fix based oms integration in 2001 portfolio and spread trading capabilities in 2003 and full global connectivity in 2005 . 3 by 2013 it was the most widely used ems by hedge funds and 3 by asset managers according to the tabb group . 4 spinoff edit in early 2012 goldman announced its plans to spin off the redi business as an independent company in order to make it a true multi broker platform . 5 on july 17 2013 goldman announced it had completed the sale of a majority stake in the independent redi to a consortium of investors including bank of america merrill lynch barclays bnp paribas citadel and lightyear capital . 6 the next day bank of america merrill lynch announced that it would transfer its own proprietary ems instaquote to redi as part of its investment . 7 references edit executing broker network . redi . retrieved 2015 05 26 . gasparino charles september 11 2000 . goldman sachs agrees to acquire market maker spear leeds & kellogg . wall street journal . our history . redi . retrieved 2014 09 21 . buyside oms & ems a market snapshot . tabb group . january 28 2013 . schmerken ivy february 8 2012 . goldman sachs to spin off redi tech group . wall street & technology . goldman sachs completes sale of majority equity stake in redi . goldman sachs . july 17 2013 . bank of america merrill lynch transfers instaquote to redi . bank of america merrill lych . july 18 2013 . external links edit redi global technologies retrieved from https en.wikipedia.org w index.php title redi global technologies & oldid 706969361 categories 1992 establishments in the united statescompanies based in new yorkfinancial services companies of the united stateshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 26 february 2016 at 08 21 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view