NovaSparks Launches OPRA FPGA Feed Handler

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The new feed handler extracts and normalizes the last sale price as well as the OPRA-computed National Best Bid and Offer (NBBO) price, and is able to process up to 150 million messages per second with a single 2U-size (two units of rack space) appliance. This equates to over 10 times the current message peak rate of the consolidated OPRA feed, which reached peak message rates of 7.9 million messages per second in the second quarter of 2014, according to data from the OPRA website.

“This is the

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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