About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Anova Partners NovaSparks to Deliver Sub Microsecond Market Data Processing Latency

Subscribe to our newsletter

Anova Financial Networks, an international carrier and market data provider, has partnered NovaSparks, a field programmable gate array (FPGA) market data company, to provide customers with an optimised and best-of-breed market data service connecting the Chicago Mercantile Exchange (CME) to the New Jersey Equity Triangle.

The service, MicroFeed, deploys NovaSparks’ NovaTick ticker plant that conflates data for sub microsecond processing latency for the entire trading cycle, including market peak periods, over Anova’s ultra-low latency microwave network. It connects the CME to all five sites in the New Jersey Equity Triangle, including BATS, NASDAQ, the New York Stock Exchange (NYSE) and Cboe Global Markets.

According to Anova and NovaSparks, MicroFeed allows banks and trading firms to accelerate their trading platforms by decreasing latency by 20% and efficiently processing and forwarding the timeliest updates. Market participants using the service will receive the fastest trade information for the most critical instruments at the CME, leading to better price transparency, market efficiency and liquidity.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Enhancing trader efficiency with interoperability – Innovative solutions for automated and streamlined trader desktop and workflows

17 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Traders today are expected to navigate increasingly complex markets using workflows that often lag behind the pace of change. Disconnected systems, manual processes, and fragmented user experiences create hidden inefficiencies that directly impact performance and risk management. Firms that can streamline...

BLOG

Integrating AI into Legacy Infrastructure – Balancing Innovation and Reality

Integrating cutting-edge AI into the financial sector’s entrenched legacy systems is one of today’s most pressing challenges. How can firms balance the promise of innovation with the hard reality of their existing infrastructure? At the A-Team Group’s recent AI in Capital Markets Summit London, a panel of experts tackled this very issue. Moderated by Naomi...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...