NovaSparks introduces “U.S. Equities in a Box” solution

The entire U.S. equity market is now processed in a single NovaTick appliance reducing total cost of ownership, while further lowering latency

NEW YORK, LONDON, PARIS- OCT. 16, 2017 – NovaSparks™, the leading field programmable gate array (FPGA) market data company, today announced that its pure FPGA ticker plant appliance, NovaTick, now processes the entire U.S. equity market in a single 2U appliance. This achievement offers an important benefit to banks and trading firms that allows them to deploy pure FPGA feed-handlers in a simple and cost-effective manner. 

“Today’s announcement is the culmination of a yearlong effort by our engineering team,” commented NovaSparks CEO, Luc Burgun. “We have managed to quadruple the instrument density of our U.S. equity feed handlers, while continuing to reduce latency. When customers choose NovaTick, they don’t have to compromise on speed, feature set, coverage, or footprint.” 

A single NovaTick 2U appliance now handles the entire instrument universe of the ten feeds from the main three exchange groups NASDAQ, BATS and NYSE, as well as the SIP feeds (UTP and CTA). The appliance’s average latency is 760 nanoseconds, measured wire-to-wire when using the Ethernet output. The latency remains below one microsecond at the 99.9 percentile, illustrating a level of determinism that only a pure FPGA solution can deliver. 

NovaTick is built on an FPGA-centric architecture, augmented with tightly integrated multi-core Intel processors to support non-latency sensitive tasks such as exchange recovery functions. NovaSparks’ ticker plant has a single application programming interface (API), which allows banks and trading firms to integrate additional feed-handlers quickly and effortlessly. 

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 50 feeds among the major Equity, Futures and Options venues across North America, Europe and Asia, the feed handlers are packaged in 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. 



Contact:

Barbara Rizzatti
971-998-9404
Email Contact




Review Article Be the first to review this article
Aldec

Design Tips for Heavy Copper PCBs

Featured Video
Jobs
Sr. Principal FPGA for Northrop Grumman Mission Systems at Morrisville, North Carolina
Principal Electronics Engineer Test-20004966 for Northrop Grumman Mission Systems at Falls Church,, Virginia
Principal Circuit Design Engineer for Rambus at Chapel Hill, North Carolina
Senior and (less) Senior Design Verification Engineers for EDA Careers at San Jose and Austin, California
Senior Account Managers… FORMAL VERIFICATION...VALLEY for EDA Careers at San Jose, California
Staff Engineer Digital-20003075 for Northrop Grumman Mission Systems at Redondo Beach, California
Upcoming Events
Embedded Vision Summit 2020 at Santa Clara Convention Center Santa Clara CA - May 18 - 21, 2020
Sensors Expo & Conference at McEnery Convention Center 150 W. San Carlos Street SAN JOSE CA - Jun 22 - 24, 2020
Nanotech 2020 Conference and Expo at National Harbor MD - Jun 29 - 1, 2020
IEEE Computer Society Annual Symposium on VLSI (ISVLSI) 2020 at Limassol Hotel, Amathus Area, Pareklisia Cyprus - Jul 6 - 8, 2020



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise