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A-Team Insight Blogs

Fixnetix and Asperatus Capital Tap NovaSparks For HFT

Fixnetix and its long-time customer Asperatus Capital have tapped NovaSparks to provide them with ultra-low-latency direct market data via its FPGA-accelerated Matrix appliances. That data is used to fuel HFT strategies.

Founded in 2009 in London, Asperatus is an established customer of Fixnetix, which provides it with infrastructure, hosting, co-location and connectivity services to a number of trading markets in “Europe and beyond,” says the firm’s CTO Matthew Copping.

Copping is not detailing what those markets are, but says the success of players like Asperatus is based in part on their agility to leverage new market opportunities. As such, leveraging a managed services provider with a global footprint like Fixnetix makes sense.

Asperatus and Fixnetix evaluated the NovaSparks offering to ensure it could deliver requisite latency, throughput and jitter characteristics before putting it into production. “Fixnetix and Nova Sparks installed and tested the FPGA [system] with minimal downtime or issues. We will be able to add additional markets due to the NovaSparks normalisation layer. Rapid roll-out of new markets only benefits Asperatus,” says Copping.

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