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

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.”

Related content

WEBINAR

Recorded Webinar: Approaches to migrating market data to the cloud to drive agility in trading operations

Market data in the cloud is an attractive proposition in terms of reducing the cost of on premise servers and storage, and moving into a more agile and flexible data delivery environment. It is also well suited to working from home, the fall-back of many financial institutions during lockdowns caused by the coronavirus pandemic. But...

BLOG

Navigating the Post-Brexit Trading Landscape

By Mike O’Hara, A-Team Special Correspondent. It’s now almost four months since the UK exited the EU, and from a trading and market infrastructure perspective, a clearer picture of the post-Brexit landscape is starting to emerge, although there are still many uncertainties that lie ahead. How have market participants, venue operators and their supporting ecosystem...

EVENT

RegTech Summit London

Now in its 5th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

FATCA – The Time to Act is Now

The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...