With the support of new majority owner Peninsular Capital, NovaSparks plans initiatives to expand the use cases for its FPGA market data technologies into the trading and risk sectors.
As the fight over market data fees in the futures market heats up, the Chicago-based trading platform provider is rolling out a new platform that provides a free view of market order flow for TT platform users.
After a decade of supercharging low-latency applications, Wei-Shen Wong explores how FPGAs are pushing into new areas of the capital markets, driven by interest in AI & ML.
In the pursuit of new ways to eliminate latency from the market data distribution and trading processes, vendors have invested in hardware-acceleration technologies, such as FPGAs. But with commodity chips now giving specialist hardware a run for its…
A summary of some of the past week’s financial technology news.
Max Bowie recalls some hit-and-miss patent cases from the past two decades, and what this one might mean for the future.
The new appliances leverage an in-house-developed network interface card that enables the vendor to boost data processing and distribution.
MetaProtect Firewall targets customers seeking a layer of security that also meets ultra-low-latency and high-port-density needs.
Officials say the deal will allow xCelor to focus on its network applications business, while Metamako will take over the provision of underlying switching technology, expanding its own FPGA switch business. Wei-Shen Wong reports.
The agreement will provide mutual clients with access to normalized market data at the lowest possible network latency for a wide range of asset classes.
With their origins in industries such as defense, aerospace, and medicine, FPGAs have been used by certain aspects of financial markets for about a decade to gain speed. Wei-Shen Wong examines the current uses for this specialized hardware in finance,…
Financial firms spent a lot of last year focused on Mifid II compliance, but also clearly spent significant time following the ups and downs of cryptocurrencies - and assessing whether to invest in this new asset class.
Although it still needs more time in the oven, technology is powering a quiet revolution in research and analytics—and the fusion of the two may transform the investment process.
The certification—a requirement for vendors wanting to sell technology into China—is an important step in the low-latency switch vendor’s plans to further its expansion in Asia
The solution will provide firms with a complete, timestamped audit trail of their activity.
In addition to deals to supply its technology to BNP Paribas and Quincy Data, Enyx has annonuced a performance-boosting overhaul of its underlying FPGA platform.
The configuration enables multiple performance-sensitive applications, such as market data processing, trading algorithms and pre-trade risk checks to run on a single device.
NovaSparks has added support for Nasdaq's two Securities Information Processor feeds.
Officials say the integration will eliminate latency associated with the processes of book-building from market data feeds.
NovaSparks has deployed its FPGA technology in the Tokyo Stock Exchange's co-lo facility, "wrapped in" Colt's MarketPrizm API for ease of access.
The new additions covering Asia-Pacific, Scandinavia and Canada bring NovaSparks' total coverage to more than 50 markets worldwide.
NovaSparks has taken 300 nanoseconds out of its feed-handling process by rewriting its book-building component.
The vendor has increased the number of ports on the switch by 50 percent to 48, and has added support for Altera FPGAs, potentially reducing latency.
The FPGA-to-FPGA link allows users to bypass CPUs that can add latency and processing time.