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

A-Team Insight Blogs

NovaSparks Gets Last Missing US Market Data Feed

Subscribe to our newsletter

Field programmable gate array (FPGA) market data services provider NovaSparks has completed its array of supported feeds with the addition of the Securities Information Processors (SIP) feed, according to Olivier Baetz, chief operating officer of the company.

NovaSparks now supports direct feeds for all 12 US equity protected markets — the SIP feed was the last one missing, adds Baetz. SIP feeds are a consolidated view of all 12 of the US equity protected markets combined with regulatory information. NovaSparks began its support of SIP feeds in April.

The provider’s addition of the feeds also complements its market data solution, according to Baetz. “SIP feeds are important in deployment of a US equity solution because they provide important regulatory information, such as limit-up/limit-down price bands,” he says. “They can be a substitute for some direct feed. A bank or a firm may elect to consume only 10 feeds directly, and the remaining two through the SIP. It is a fairly common deployment. They can act as a back-up solution in case of a temporary issue with a direct feed.”

NovaSparks is the first US FPGA provider to offer a SIP feed in its equity solution. “Our message to our customers is that they can get it all: pure FPGA speed, but also coverage and functionalities,” says Baetz. “The availability of SIP feeds address the functionality element of this equation.”

Nova feed handlers have 800 nanoseconds of latency, measured wire-to-wire. The company’s newer NovaTick service offers greater speed, functionality, scalability and coverage.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: From Monolith to Modular: Architecting Equity Trading Platforms for 24/5 and Beyond

Date: 14 October 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Global equity markets are undergoing their biggest structural shift in decades. Extended and near-continuous trading, evolving market structures, and rapidly growing data volumes are placing unprecedented demands on trading infrastructure. In a recent TradingTech Summit New York poll from...

BLOG

BMLL and SIGMA AI Partner to Benchmark Live Market Flow Against Historical Order Book Data

BMLL and SIGMA AI have announced a partnership combining BMLL’s historical Level 3, 2 and 1 order book data with SIGMA’s “Quant in the Cloud” streaming platform, producing an analytics layer that scores live market flow against historical benchmarks. The stated use cases are real-time anomaly detection, market regime classification and execution benchmarking, with anticipated...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...