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

NovaSparks Adds Markets To Ticker Product

Subscribe to our newsletter

Paris-based market data company NovaSparks, which offers field programmable gate array (FPGA) services, has added 10 markets to its NovaTick ticker plant product.

The additions bring NovaSparks total coverage in NovaTick to a total of over 50 markets. The new markets include the Osaka Securities Exchange, Chi-X Japan and SBI JapanNext in Japan; the Australian Stock Exchange and Chi-X Australia; the Hong Kong, Johannesburg, Nasdaq Nordic and Oslo stock exchanges; and Omega ATS in Canada.

“Our ability to add so many feeds in such a short period of time demonstrates our capacity to quickly respond to customer demand and the maturity of our development methodology,” said Luc Burgun, CEO of NovaSparks, in a statement. “NovaTick combines the speed and determinism that only pure FPGA processing can deliver, together with the coverage and functionalities typically found in software-only solutions.”

NovaTick’s FPGA architecture processes market data in real time, reducing latency, and supporting exchange recovery functions. NovaTick can be consumed in a single API, and its functions include A/B arbitration, decoding parsing, book building, filtering, normalization and distribution, according to Burgun.

With its coverage of multiple markets, NovaTick can ensure lowest latency throughout a user’s infrastructure, when that user’s cross-border trading uses microwave links for transmissions, added Burgun.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: From Data to Alpha: AI Strategies for Taming Unstructured Data

Unstructured data and text now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents. While AI has created new opportunities to extract signals, many firms are discovering that value is constrained not by models, but by the quality of the content, architecture,...

BLOG

Breaking Conway’s Law: Why Composable Trading Platforms Demand Organisational Change, Not Just Better APIs

Nearly 60 years ago, Melvin Conway observed that an organisation’s technology will inevitably mirror its internal structure. It’s a law that has aged uncomfortably well in capital markets, where billions spent on trading, risk and analytics systems have produced vertical stacks that reflect business-line org charts rather than the horizontal data flows firms now need...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...