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

A-Team Insight Blogs

Vela Teams Up with Enyx to Deliver Ultra-Low Latency Solutions

Subscribe to our newsletter

Vela, a trading and market access technology provider, has partnered with Enyx, a developer of ultra-low latency products, to provide its clients with access to Enyx’s field programmable gate array (FPGA) technology, initially focused on ultra-low latency market data solutions.

The firms have completed a proof of concept integrating the Enyx nxFeed, an ultra-low latency FPGA-enabled feed handler, into Vela’s software-based feed handlers to deliver wire-speed performance and jitter-free determinism at scale through a single, normalised API to access global markets. This allows Vela’s existing and future feed handler clients to leverage the improved performance of Enyx’s FPGA-powered solutions without the need for further integration as they are provided through Vela’s existing API that already supports over 250 venues.

Ollie Cadman, global head of product management and business operations at Vela, says: “There are specific clients and markets where FPGA technology is a necessity – and that’s a space where we haven’t played before. We’ve always worked at the software level, but there are market and trading strategies at firms that require very deterministic, low-latency profiles, and we want to bring our products into that market. We believe that partnering with Enyx is the best way to do that.”

Laurent de Barry, founder and managing director, trading solutions, at Enyx, notes that the integration of nxFeed into the Vela feed handlers is the first of what are expected to be more opportunities to add FPGA technology to Vela 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

Sphinx Targets 24/7 Energy Markets with Blockchain-Enabled Derivatives Exchange

A new entrant to the energy derivatives landscape is preparing to test whether modern trading infrastructure can reshape how energy risk is managed. Sphinx, a startup exchange operator, is developing a platform designed for continuous trading and near-instant settlement in energy derivatives, initially targeting U.S. natural gas and electricity markets. The Sphinx Global Commodity Exchange...

EVENT

TEST Event page 1

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook – Fifth Edition

In response to the popularity of the A-Team Regulatory Data Handbook, we have published a fifth edition outlining the essentials of regulations that are likely to have an impact on data and data management at your organisation. New to this edition is a section on RegTech, covering drivers behind the development of innovative regulatory technology,...