Celoxica FPGA Ticker Tackles OPRA Feed Volume, Server Footprint

The new FPGA-based service significantly reduces the server footprint required to manage OPRA data.

lee-staines-celoxica
Lee Staines

OPRA, which provides consolidated market data for 12 US options exchanges, is set for a substantial growth in message volumes later this year when the ISE Mercury and BATS EDGX Options markets go live.

In the past, to handle the sheer volume of data OPRA creates, firms were “throwing servers, infrastructure—and in turn, a lot of cost—at addressing the problem… and more and more servers have been put in place to handle the growing volume,” says Lee Staines, global head of sales at Celoxica. “In

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The IMD Wrap: The growing data catalogue space

With their potential to manage costs and surface strategic datasets, it’s no wonder Max gets excited about data catalogs. This week, he takes a look at a new startup entering the space.

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With market data and associated costs typically representing a firm’s third-largest expense, there’s a lot of incentive to manage data and its usage more efficiently. Max flings open his fridge to illustrate what’s new in this space.

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