|By Business Wire||
|June 4, 2014 12:00 AM EDT||
NovaSparks™, the leading field programmable gate array (FPGA) market data company, today announced that it has expanded its coverage of the Futures Market by adding ICE iMpact™ and EUREX EOBI™ to its list of supported feeds. NovaSparks’ ultra-low latency feed handlers are based on a powerful FPGA architecture that has unmatched speed and determinism, making them an essential component of any trading infrastructure. NovaSparks’ FPGA Matrix is already supporting important exchanges such as CME Globex, Liffe, EUREX EMDI and all the major American, Canadian and European equity feeds.
“Our customers are asking us for a solution that not only provides unusually high speeds but that also has exceptional market coverage,” commented NovaSparks CEO, Luc Burgun. “We have been rapidly expanding our coverage and are now supporting over 30 feeds across geographies and asset classes. We have the largest market coverage of any FPGA-centric market data solution company currently out there. This puts us in a unique position to offer unparalleled service.”
Based on a pure FPGA matrix architecture, NovaSparks offers deterministic sub microsecond processing latency for all major equity and futures exchanges around the world. This is one to two orders of magnitude faster during market bursts than traditional software solutions. All feeds are normalized into a common format which greatly simplifies integration into the trading environments.
Stephane Tyč, co-Founder of Quincy Data, added, “NovaSparks’ ultra-low latency feed handlers have exceptional speed and determinism. They also incorporate a richness of features typically only offered by software solutions. Furthermore, we have found pure FPGA feed handlers to be more resilient than their software equivalents.”
NovaSparks’ feed handlers operate all aspects of processing inside the FPGAs including decoding, parsing, order management, book building, filtering and data distribution. This enables the company to deliver the lowest and most deterministic latency.
About NovaSparks, Inc.
NovaSparks is the leader in FPGA-based high performance and ultra-low latency market data solutions for the financial industry. NovaSparks unique FPGA centric approach delivers sub microsecond processing latency including book building, even during market peak periods. Available for over 30 feeds among the major Equity and Futures venues across North America, Europe and Asia, the feed handlers are packaged as easy-to-deploy appliances offering an extensive fan-out capability for market data distribution. Founded in 2008 and backed by well-established investors, NovaSparks’ offices are located in Paris, France and New York, USA.
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