S&P Real-Time Debuts FPGA OPRA Feed


Officials say S&P Capital IQ developed the FPGA OPRA feed after realizing that projected volume growth on the OPRA feed would quickly outstrip the ability of software-only feed handler and book-building solutions to process the amount of options data being generated─which is expected to reach peak rates of 100 million messages per second (mps) within five years, and hit 120 million mps by 2020.

QuantFeed FPGA for OPRA can process 40 million mps per FPGA board─enough to handle July's projected ra

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