About a-team Marketing Services

A-Team Insight Blogs

NovaSparks Offers FPGA Optimised Market Data Distribution for Microwave Networks

Subscribe to our newsletter

Field programmable gate array (FPGA) market data distribution company NovaSparks has developed patent pending bandwidth shaping and market data conflation mechanisms that allow its FPGA ticker plant, NovaTick, to automatically adapt its output data rate to meet microwave networks’ strict bandwidth requirements.

Transmitting market data updates over microwave networks is notoriously challenging due to the networks’ inherently low bandwidth capacity. Heavy traffic periods magnify the challenge. NovaSparks’ new output interface means banks and trading firms can use NovaSparks deployments to distribute market data efficiently over their existing microwave networks.

NovaTick’s microwave optimised output feature is implemented in pure hardware that provides lower and more deterministic latency than comparable software solutions. In addition to bandwidth shaping and market data conflation, NovaTick provides the ability to aggregate trades and publish snapshots. Available for all 60 feeds in the NovaTick catalogue, the new is an additional output to those already in place and including 10Gig Ethernet, PCIe DMA and NovaLink options.

Luc Burgun, CEO at NovaSparks, says: “Market data distribution over microwave networks is an expensive yet critical part of any ultra-low latency trading infrastructure. Conflation ensures the most recent market data updates are transmitted, while simultaneously eliminating large latency peaks that would otherwise occur during market bursts.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The emerging structure of the institutional digital assets market

As interest in trading digital assets continues to increase among institutional investors, so too does the need to focus on market structure, regulation and trading solutions. For financial institutions that get it right the rewards will be significant, but it is not necessarily easy and the challenges are many. This webinar will consider how digital...

BLOG

Rapid Addition and Chainlink Bridge TradFi and DeFi with FIX-Native Blockchain Adapter

Rapid Addition, the provider of FIX connectivity solutions, has collaborated with Chainlink, the infrastructure for tokenised assets, to create a FIX-native blockchain adapter for institutional digital asset trading, built using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The strategic partnership aims to enhance interoperability between the traditional finance (TradFi) world of banks and financial institutions and the...

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Tackling the Data Management Challenges of FATCA

As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...