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: Trade the Middle East & North Africa: Connectivity, Data Systems & Processes

In Partnership With As key states across the region seek alternatives to the fossil fuel industries that have driven their economies for decades, pioneering financial centres are emerging in Egypt, United Arab Emirates (UAE), Saudi Arabia and beyond. Exchanges and market intermediaries trading in these centres are adopting cutting-edge technologies to cater to the growing...

BLOG

BSO Unveils DataOne: Europe’s First Giga-Scale AI Hosting Data Centre

BSO, the global infrastructure and connectivity provider, has announced the creation of DataOne, Europe’s first giga-scale AI hosting infrastructure, following months of confidential development. Located in France, the project is backed by Ardian Debt Fund alongside leading commercial banks and represents a significant step forward for AI-compatible data centre technology in Europe. The site’s infrastructure...

EVENT

Future of Capital Markets Tech Summit: Buy AND Build, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Institutional Digital Assets Handbook 2024

Despite the setback of the FTX collapse, institutional interest in digital assets has grown markedly in the past 12 months, with firms of all sizes now acknowledging participation in some form. While as recently as a year ago, institutional trading firms were taking a cautious stance toward their use, the acceptance of tokenisation, stablecoins, and...