Celoxica Limited, an enabler of ultra-low latency trading and market data solutions exhibiting at FIA for the first time, says that exchanges and market participants need to look to new technologies to continue to develop lower latency architectures in an environment of exponential market data growth.
With the growth in messaging and volumes such as we are experiencing in the options market with the expansion of penny pricing, technology has become a key battleground, says Lee Staines, chief executive officer of Celoxica. Success is increasingly determined by microsecond differences in reaction time and trading latency. Celoxica is at the forefront of new hardware-accelerated solutions providing consistently higher throughput than intrinsically slower software-only solutions which suffer degraded performance in faster markets and micro-bursts and need ever higher server capacity.
Celoxica, whose goal is offer the fastest, most deterministic trading and market data solutions to the advanced trading community, has extended its hardware-accelerated solutions. Market Data Line Handlers now offer 3-5 microsecond latency (wire to RAM) irrespective of market speed or micro-bursts. Celoxica Market Data Feed Handlers offer sub-10 microsecond latency for order book processing with full market depth in client applications. Celoxica is also tackling the potential bottleneck of middleware by providing Accelerated Middleware and Distribution with sub-18 microsecond performance on a 1 Gigabit Ethernet Network.
Celoxicas line handlers support all US high frequency equity, futures and options feeds and are being extended to include European feeds.
D.C.