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

A-Team Insight Blogs

Celoxica Adds Hardware-Based Ticker Plant for OPRA Data

Subscribe to our newsletter

Hardware accelerator specialist Celoxica has launched the Celoxica Ticker Plant (CTP) for the OPRA options pricing feed. CTP for OPRA aims to minimise users’ data centre footprint while processing the OPRA data set’s high message volumes at ultra-low latency.

OPRA, the Options Price Reporting Authority, provides market data from 12 US options exchanges. Already considered the highest-volume data feed in the market, its message volumes are expected to grow substantially later this year when it adds ISE Mercury and BATS EDGX Options data. The estimate for OPRA’s message capacity at that time is over 50 million messages per second.

The CTP is a distributed ticker plant designed to handle large message volumes. A hybrid software and hardware-accelerated solution delivered using a single server and FPGA technology, it enables consumers of OPRA market data to reduce their data centre footprint compared with traditional software solutions, while also attaining consistently low single-digit microsecond latency.

Celoxica’s FPGA technology is also used in the Thomson Reuters Elektron Direct Feed, which provides access to real-time data from a range of venues. Now this technology will be used in OPRA. Celoxica has collaborated with Thomson Reuters to integrate the OPRA CTP solution into the Thomson Reuters Enterprise Platform (TREP).

“We are very excited about adding OPRA data to our CTP solution and enabling our growing number of latency-sensitive clients to significantly reduce their server footprint for managing OPRA data in addition to their current equities and futures infrastructure,” says Lee Staines, global head of sales at Celoxica.

“Furthermore, with CTP specifically designed to efficiently handle the continued expected growth in market data volumes for options and other asset classes, it’s clear why Celoxica’s technology is now being adopted throughout the enterprise.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best Practices for Building High-Performance Data Infrastructures

Date: 23 June 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The requirement for high-performance data systems to support trading analytics for hedge funds, high-frequency trading firms and electronic liquidity providers is well established. But the explosion in Big Data over the past several years has expanded the scope of...

BLOG

Exegy Acquires FPGA Specialist Enyx

Front-office trading solutions vendor Exegy has added to its product portfolio by acquiring Paris-based Enyx, a leading developer of FPGA-based, high-performance trading solutions. Operating as Exegy Inc., the combined company will now offer a product suite that leverages low-latency field-programmable gate array (FPGA) technology at all stages of the trading lifecycle. This builds on Exegy’s...

EVENT

TradingTech Summit London

Now in its 11th year the TradingTech Summit London brings together the European trading technology capital markets industry, to explore how trading firms are innovating in today’s cloud and digital based environment to create flexible, scalable trading platforms to support speed to market and business agility.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...