NovaSparks Bows NovaLink to Connect Ticker Plant to Client FPGA Systems

The FPGA-to-FPGA link allows users to bypass CPUs that can add latency and processing time.

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NovaLink can connect with FPGA cards from Altera and Xilinx with an average latency of one microsecond for order-based feeds like Nasdaq TotalView ITCH, and 750 nanoseconds for "level-based feeds" like CME Group's MDP3, "measured from the wire on the market side to the trading firm's FPGA," according to figures from the vendor.

Until now, NovaSparks has offered two ways for customers to consume market data from its NovaTick ticker plants into their algorithms and trading execution platforms: PCI

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