Why We're Different

Unlike other services available on the market, we are the only firm to offer a 100% hardware solution using field programmable technology


Trading continues to become ever more complex placing more and more demand on market data transportation and feed handling.  Full hardware programming is the only technology available designed to handle today’s market volumes and volatility (and accommodate anticipated complexity across the asset classes) without risk of compromising latency.

Fully programmable hardware is the only technological solution offering deterministic and scalable sub-microsecond latency through the trading lifecycle.

Zero bottlenecks - data feed handling, normalisation and filtering all within the hardware processor

Sub-microsecond or nanosecond latency for level 1 markets where ultra-low latency is critical

1 to 1.5 microseconds for complex markets where order-by-limit is calculated within the FPGA

Data distribution fan-out removing the need for TCP/IP and NIC cards

 

Management of a range of virtual order books in the FPGA: standard exchange order books plus client-driven order-books

Client algorithms can connect algorithmic engines directly to the appliance offering a latency efficient and neutral approach

A unique development framework permitting clients to develop their own algorithms within the NovaSparks appliance, generating unrivalled tick-to-trade performance

 

Scope to extend the FPGA within the NovaSparks appliance to include smart order routing, compliance & risk engine and order generation for true tick-to-trade capabilities

No use of processors (CPUs) for data processing. Our hardware-only approach guarantees deterministic latencies

Customers can add their own code in dedicated FPGAs