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

Hardware Acceleration – A Roundup and Update with Nomura, Burstream and Fiberblaze

Subscribe to our newsletter

What’s been happening in the world of hardware acceleration of late? Despite a couple of killjoys on LinkedIn who reckon it’s still unproven technology, the answer is – quite a lot.

It was good to get an update from the coalface a couple of weeks ago at our London Low-Latency Summit. There, I chatted to Nomura’s Ben Stephens, who sells HFT and electronic trading services for the investment bank.

Nomura’s NXT platform – it stands for Nomura Extreme Technology – incorporates Field Programmable Gate Array (FPGA) technology for market data handling and pre-trade risk checks.

Stephens reckons that using FPGAs – and avoiding the I/O data bottlenecks between network and main CPU – saves NXT between 10 to 50 microseconds in overall latency. It also allows for very deterministic latency – i.e. minimal jitter – which is “really important” for customers running arbitrage trading.

Recent news includes a new managed service from Burstream, which began offering Nasdaq market data using FPGA-based data feed appliances from NovaSparks. Latencies of less than a microsecond – even at peak periods – are being observed.

Then the name Fiberblaze cropped up. A Danish company that builds FPGA-based network cards. Ullink has started to use them in its pre-trade risk offering, presumably offloading checks on to the card.

Also on our radar: Celoxica, with an offering for HFT Futures, and Redline Trading Solutions, which is making Goldman Sachs’ Sigma X dark pool zip along. Unlike many others in the hardware acceleration space, Redline uses Cell processors instead of FPGAs.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Market data in the cloud

Date: 8 December 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Over the past several years, the topic of market data in the cloud has been hotly debated – latency has been an issue, which data to put in the cloud has been discussed, and lines have been drawn. But...

BLOG

Overbond Secures New Round of Funding from Fitch Ventures and Aims for International Expansion

Overbond, the API-based credit trading automation and execution service for the global capital markets, has secured funding from Fitch Ventures, the equity investment arm of Fitch Group, the financial information services provider. The capital will help Overbond grow its sales and marketing division as it plans to open an office in London and double its...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...