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: The challenges and potential of data marketplaces

Data is the lifeblood of capital markets. It is also a valuable commodity providing financial institutions with additional insight when gathered in an internal data marketplace, or packaged and sold externally to other institutions. While the theory is sound, the practice of setting up a data marketplace can be challenging. Internally, vast amounts of data...

BLOG

The Top 10 Low Latency Data Feed Providers in 2023

Low latency data feeds have become a crucial component of today’s electronic financial markets. Not just for high-frequency trading firms, but across the industry. Buy side and sell side firms rely on fast, accurate market data to make informed decisions in real-time for a wide variety of use cases – from improving trading performance to...

EVENT

FinCrime Tech Briefing, New York

RegTech Insight (from A-Team Group) is proud to announce the launch of its FinCrime Tech Briefing taking place in both London and New York this summer and focusing on RegTech for AML and Financial Crime Compliance.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...