NovaSparks Slashes CME Feed Latency
The vendor's FPGA platform reduces latency for CME's feed by 40 percent, officials say.
NovaTick typically provides sub-microsecond processing time for equity and futures feeds globally, and delivers average latency of 750 nanoseconds for the CME feed, measured wire-to-wire.
NovaSparks improved the overall latency by increasing the parallelism of the internal processing architecture and by reducing the Ethernet interface latency. All of the provider's upcoming level-based market feed handlers will incorporate these changes.
"We continuously monitor and improve our performance in order to lead the latency race in pure FPGA market data processing. Our feed handlers continue to provide exceptional speed and determinism while offering a rich set of features, which are usually found only in software solutions. By using NovaTick, banks and trading firms do not have to sacrifice speed for functionality or vice-versa," says Luc Burgun, chief executive of NovaSparks, in a statement.
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