NovaSparks Pure FPGA Tick-to-Trade Development Platform Powered by Solarflare's AOE and ANTS Write-Once-Consume-Everything

A Partnership Between
Solarflare & NovaSparks

Solarflare and NovaSparks recently announced that they have combined forces to launch a full-FPGA tick-to-trade development platform for market makers, high-frequency traders, and large banks. The FPGA platform represents the integration of NovaTick, the NovaSparks pure FPGA ticker-plant for market data, and Solarflare’s AOE Nanosecond TCP Stack (ANTS) for the trading algorithm and the order execution. It demonstrates tick-to-trade latencies that only FPGAs can deliver, slashes development time, and is available today from NovaSparks.

Shaving Man-Years Off Feed Handler Development

Firms that already have FPGA developers typically take 4-6 man-months to add a feed handler. Firms without FPGA or feed handler expertise take a year to develop their first feed. With 60 market feeds, use of the NovaSparks development platform can save up to 15 man-years of valuable engineering resources. The FPGA platform represents the integration of NovaTick, NovaSparks pure FPGA ticker-plant for market data, and Solarflare’s AOE Nanosecond TCP Stack (ANTS) for the trading algorithm and the order execution. It demonstrates tick-to-trade latencies that only FPGAs can deliver, slashes development time, and is available today from NovaSparks.

users

A Full Trading Cycle in less than 800ns | 60 FPGA Feed-Handlers

The NovaSparks FPGA development platform provides ultra-low latency performance of 810ns tick-to-trade using NASDAQ ITCH and OUCH, including book building; it also offers immediate access to the NovaSparks catalog of 60 pure FPGA feed-handlers. Thanks to its multi-FPGA architecture, the platform also allows for the implementation of sophisticated strategies consuming tens of thousands of symbols across multiple markets.

NovaLink

How it Works

The development platform comes with the RTL source code of a working reference design. This design includes the market data decoding, an example of a trading algorithm and the sending of an order over TCP.

Code Integration

About NovaSparks

Solarflare partner NovaSparks is the leader in FPGA-based high performance and ultra-low latency market data solutions for the financial industry. NovaSparks unique FPGA centric approach delivers sub-microsecond processing latency including book building, even during market peak periods. Available for over 60 feeds among the major Equity, Futures and Options venues across North America, Europe, and Asia, the feed handlers are packaged in easy-to-deploy appliances offering an extensive fan-out capability for market data distribution. Founded in 2008 and backed by well-established investors, NovaSparks’ offices are located in Paris, France and New York, USA.