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

A-Team Insight Blogs

Zeptonics Taps Mellanox For Ultra-Low-Latency Matching Engine

Subscribe to our newsletter

Sydney-based Zeptonics is integrating network interface cards from Mellanox Technologies into its ZeptoMatch matching engine. The integration boasts wire-to-wire matching for a million orders per second with a median wire-to-wire match time of 1.97 microseconds and a typical client roundtrip of three microseconds.

ZeptoMatch is a software-only application, running on commodity x86/Red Hat Linux servers, with solid state storage. Mellanox ConnectX-3 EN 10gE network cards support network to application data flow using kernel bypass. “We developed all the software components ourselves, but even though we have considerable hardware design expertise in-house, we decided to use the Mellanox cards for the physical interface, and that has definitely helped us deliver a new low-latency benchmark for trade matching,” says David Snowdon, principal at Zeptonics.

Both FIX and an Ouch-based binary protocol are supported for order execution and an embedded firewall ensures the integrity of data packets. The matching engine can also be paired with ZeptoRisk, for pre-trade risk checking as increasingly required by regulators.

ZeptoMatch might typically be integrated with networking devices from Zeptonics.  ZeptoMux is a 130-nanosecond layer 2 switch for in-bound multiplexing; and ZeptoLink, is 5-nanosecond circuit switch for fan-out of market data.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: From 24/7 to Event-Driven: Engineering the Next-Generation Exchange Platform

What digital asset and prediction markets are teaching traditional exchanges about availability, agility and time-to-market. New market structures and regulatory changes are forcing exchange operators to rethink the foundations of their technology stacks. Digital asset exchanges, prediction markets and retail-driven platforms have normalised 24/7 trading, continuous availability and rapid product iteration. In contrast, many traditional...

BLOG

The Hidden Challenge Lurking Beneath Energy Trading’s Bumper Profits

By Ami Katschinski, CEO and co-founder, Sphere. Sky-high trading profits earlier this year reignited the age-old debate of how, during market turbulence, some energy firms emerge as victors while others find themselves on the loss-making side of the trade. Geopolitical conflict has, and always will, create a frenzy of noise and opportunity for massive profits....

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...