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 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: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

Date: 20 May 2026 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining...

BLOG

Implementing Events-based Trading and Prediction Markets

By Jon Light, Senior Director of Product Management at Devexperts. The current surging interest in prediction markets is leading to a general reevaluation of this type of trading, with many financial services firms now questioning whether to offer events-based trading to their own users. To date, several high-profile firms have moved to incorporate prediction markets...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...