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.
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 by reducing the amount of data going into the software trading stack and freeing up more/accelerating processing resources for its execution or by implementing the trading algorithms on the NovaSparks open FPGA trading development platform.
NovaTick™ also includes advanced built-in functions such arbitration, conflation, shaping, normalization etc. to support and optimize the use of wireless infrastructures.
It is packaged in scalable ‘easy-to-deploy’ appliances or in ‘tightly coupled’ PCIe cards.
The appliance offers an unmatched feed/instrument capacity and an extensive fan-out capability with multiple filtering options for efficient market data distribution.
The PCIe card is directly installed in trading servers to bypass NIC cards. It is also the basic block of the NovaSparks open FPGA trading development platform used by financial firms for small or more complex custom projects such as normalized market data converter or consolidators, basket calculators, trading and market making strategies, risk checkers, order execution, smart order routing, etc.
Founded in 2008 and backed by well-established investors, the company is headquartered in Paris (France), New York City (USA) and has offices in London (UK), Nantes (France), Athens (Greece) and Bangkok (Thailand).
A Race to Deterministic Ultra-Low Latency
In many parts of IT, managers are able to plan and forecast their capacity to achieve deterministic processing speeds. Trading Infrastructure managers should have the same ability as determinism is needed by the trading industry.
The time is now and the technologies are robust to enter a new race. Not a race to zero, but a race to ultra-low latency determinism, with reliability and scalability.
Up until now, Trading Infrastructure Managers have been held hostage to the volatility in market data rates. That combined with expanding users and expanding venues, many Trading Infrastructure Managers cannot simply offer any service levels to their end users.
Our FPGA approach offers ultra-low latency deterministic processing that allow Trading Infrastructure Managers to build a reliable trading environment with scalable capacity and performance.
Infrastructure Trading Managers can now guarantee service levels for downstream clients, across venues and across data rates, even during market bursts. For the Algo Trader, they can now be assured they have consistent low latency and better predict the performance of their algo. And this can be easily extended to the whole trading cycle, from market to market.
NovaSparks is dedicated to engineering deterministic ultra-low latency trading solutions for feed handling, book building, market data consolidation and distribution, hosting trading analytics, algorithms and order execution.