The Readership of Trading Technology Insight USA Recognizes NovaSparks, the Leading FPGA-powered Market Data Company for Offering the Best High Performance Data Feed Handler
NEW YORK, LONDON, PARIS – June 24, 2024 –The Trading Tech Insight USA Awards recognize excellence in trading solutions and services, and focus on vendors providing exceptional trading infrastructure, trading technology and data solutions to capital markets participants in Europe. This year, NovaTick™ the scalable and versatile FPGA-based Feed Handler Platform has been awarded in the Best Performance Data Feed Handler Category
“We would like to thank our clients for recognizing and rewarding our efforts year after year,” said Luc Burgun, chief executive officer and president of NovaSparks. “Our high performance feed handlers are being deployed in the most demanding trading infrastructures and this award shows that NovaTick offers greater scalability and versatility than other FPGA based feed handler solution.
This award comes after a year marked with innovation during which the company processed the 96 lines version of the OPRA consolidated feed, developed an integration with the Refinitiv’s Data Access Control System (DACS) and added a way to aggregate round lots on US direct feeds, offering North American banks, brokers and trading firms to benefit from NovaTick’s outstanding performance across a wider range of use cases.
About NovaSparks
NovaSparks is the leader in FPGA-based high performance and ultra-low latency trading solutions for financial markets. NovaTick™ , its flagship Ticker Plant product, supports 75 feeds across the major Equities, Futures and Options trading venues in North America, Europe and Asia. It is packaged in scalable ‘easy-to-deploy’ appliances or in ‘tightly coupled’ PCIe cards.
NovaSparks scalable and deterministic feed handlers deliver normalized market data, including order book building and multi-feed consolidation with sub microsecond processing latency, even during market peaks period. Deterministic performance is extended to the whole trading cycle, whether the trading algorithms are implemented in software or in hardware. NovaTick™ also includes advanced built-in functions to support and optimize the use of wireless infrastructures.
The company is headquartered in Paris (France), New York City (USA) and has offices in London (UK), Nantes (France), Athens (Greece) and Bangkok (Thailand).
For more information, please contact Barbara Rizzatti at 971-998-9404 or marketing@novasparks.com.
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