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

A-Team Insight Blogs

Q&A: Mellanox’s Asaf Wachtel on Kernel Bypass and a Future in Verbs

Subscribe to our newsletter

With a new version of its VMA software and new network cards, Mellanox is pushing down latency and jitter for both Ethernet and InfiniBand. IntelligentTradingTechnology.com spoke with the vendor’s director of business development Asaf Wachtel on the state of the art, and what’s next..

Q: For starters, can you describe briefly what your VMA software does?

A:  VMA is a dynamically linked library, which is used to offload network I/O processing from a server’s CPU.

The traffic is passed directly from the application user space to an InfiniBand or Ethernet network interface card (NIC).

It bypasses the kernel and IP stack and thus minimises context switches, buffer copies and interrupts, resulting in extremely low latency and high throughput transport performance.

Q: So what is new in the 6.0 release?

A: We have added support for our latest ConnectX-3 network adapters, which provide much higher throughput (56 gigabits on InfiniBand, 40 gigabits on Ethernet), lower latency, PCI Express Gen 3, as well as better scalability by integrating parts of the VMA functionality into the NIC’s firmware.

The combination of VMA 6.0 and ConnectX-3 delivers the lowest latency out there, but also the best scalability – maintaining the same low latency regardless of the number of cores/processes used  – and this is the real life scenario.

Q: How does 6.0 leverage your network interface cards to reduce latency?  And jitter?

A: By creating a direct path for socket communication calls to the hardware, any jitter/latency created by the operating system (which is where most jitter/latency is created) can be completely eliminated.  The new ConnectX-3 with PCIe 3.0 support provides an additional reduction in latency, as well as much faster multi-cast replication for servers running multiple processes subscribed to the same market data feed – a very common scenario.  The way the hardware I/O resources are provisioned on ConnectX-3 allows VMA to achieve the same low latency even when multiple processes are running on the same NIC.

Q: Which is lower latency and lower jitter – Ethernet or InfiniBand?

A: In general, InfiniBand provides better performance and scalability due to its architecture and capabilities.  We at Mellanox provide both options – InfiniBand and Ethernet in the same hardware, and folks can decide which to use.  Our Ethernet offering delivers the lowest possible Ethernet latency out there compared to other offerings – half versus best competitor.

Q: Do you see both 10gE and InfiniBand both existing for some years to come, or will 10gE win out?

A: Both will continue to exist.  InfiniBand share continues to increase – and we see many cases – Web 2.0, cloud, the inclusion on Windows Server 8 for SQL and more.  As we provide both options in the same interconnect solutions, we allow folks to decide what to use and when to use it – they can do time multiplexing between InfiniBand and Ethernet and match the best choice for their applications.

Q: What technology advances are you looking at for the future to reduce latency even further?  Or it that as low as it’s going to go?

A: VMA today provides the lowest latency for anyone not looking to change their application.  The Mellanox ConnectX-3 adapter can provide almost 50% lower latency when programming directly via the verbs API, and various traders as well as ISVs are taking advantage of that.  As we’ve done so far, we expect to continue and drive the latency down with our future hardware and software solutions.
 

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: From Data to Alpha: AI Strategies for Taming Unstructured Data

Date: 16 April 2026 Time: 9:00am ET / 2:00pm London / 3:00pm CET Duration: 50 minutes Unstructured data now accounts for the majority of information flowing through financial markets organisations, spanning research content, corporate disclosures, communications, alternative data, and internal documents.  While AI has created new opportunities to extract signal from this data, many firms...

BLOG

SOLVE Acquires MBS Source to Bolster Structured Products Offering

SOLVE, provider of pre-trade data and predictive pricing for fixed income markets, has acquired MBS Source, the data and trading solutions provider for the mortgage- and asset-backed securities (MBS/ABS) market. The acquisition, announced on October 16, 2025, aims to enhance SOLVE’s capabilities in the structured products space by integrating MBS Source’s specialised data and analytics...

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

Corporate Actions Europe 2010

The European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...