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

A-Team Insight Briefs

NovaSparks Launches FPGA-Based Market Data Aggregator

Subscribe to our newsletter

Low-latency trading appliance vendor NovaSparks has launched an entirely FPGA-based order book consolidator that aims to set a new benchmark for latency and determinism in high volume trading.

The consolidator, implemented as an additional FPGA layer on top of the existing 70 feed handlers already available in the company’s NovaTick appliance, can generate normalised order books or BBOs to be consumed by trading applications – either via PCIe or Ethernet, or by hardware trading applications through NovaLink – in under a microsecond, a speed never achieved before, according to the company. The FPGA-based consolidator is designed to relieve trading firms from developing and maintaining their own high-performance custom book or BBO aggregation solutions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Reviewing the Latency Landscape and the Next Generation of Ultra-Low Latency Infrastructure

Ultra-low latency is no longer the preserve of a handful of proprietary trading firms. As new asset classes electronify, data volumes surge, and regulatory expectations around execution quality and resilience tighten, the performance demands on trading infrastructure are broadening across sell-side desks, electronic market makers, and an expanding range of buy-side participants. The technology landscape...

BLOG

Reconciliation No Longer Has Time On Its Side as T+1 Approaches

By John Bevil, senior product manager at Xceptor. Europe’s capital markets firms are entering the most consequential phase of T+1 preparation. From 11 October 2027, trades executed in European markets are expected to settle one business day after trade date, reducing the settlement cycle from T+2 to T+1. More than 4 trillion euros of securities...

EVENT

RegTech Summit London

Now in its 10th year, RegTech Summit London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to innovate the compliance function and response.

GUIDE

The Data Management Implications of Solvency II

This special report accompanies a webinar we held on the popular topic of The Data Management Implications of Solvency II, discussing the data implications for asset managers and their custodians and asset servicers. You can register here to get immediate access to the Special Report.