Press Coverage

Quincy Data, a division of McKay Brothers, has partnered with field programmable gate array (FPGA) market data technology vendor NovaSparks, to integrate the Quincy Extreme Data (QED) Feed into NovaSparks’ NovaTick ultra-low latency ticker-plant, which leverages FPGA matrix architecture to meet the high-performance demands of electronic trading platforms.

When we last saw Luc Burgun’s name in the semiconductor industry, he was CEO and co-founder of EVE (Emulation and Verification Engineering), creator of the ZeBu (Zero Bugs) hardware emulator. EVE was acquired by Synopsys in 2012.

Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.

Earlier this year, the SEC issued a tome-like 595-page proposal that would revamp the NMS Market Data Plan (SIP), or how trade data is distributed across Wall St. This video, features Cliff Maddox, Head of Business Development at NovaSparks, and Richard Chmiel, an independent market data professional.

NovaSparks Gets New Backer in MBO Deal, Eyes Options Data & FPGA Trading Capabilities With the support of new majority owner Peninsular Capital, NovaSparks plans initiatives to expand the use cases for its FPGA market data technologies into the trading and risk sectors

Anova Financial Networks, an international carrier and market data provider, announces its partnership with NovaSparks, the leading Field Programmable Gate Array (FPGA) market data company, to launch MicroFeed. Anova is leveraging NovaSparks award-winning NovaTick, a fully-integrated ticker plant solution that conflates data for sub microsecond processing latency for the entire…

NovaSparks COO Olivier Baetz says the vendor developed the conflation feature in response to demand from clients using microwave networks to distribute normalized data from NovaTick to other datacenters. Because microwave bandwidth is much more expensive than fiber networks, microwave connectivity between datacenters can be only 1 percent the size…

Field programmable gate array (FPGA) market data distribution company NovaSparks has developed patent pending bandwidth shaping and market data conflation mechanisms that allow its FPGA ticker plant, NovaTick, to automatically adapt its output data rate to meet microwave networks’ strict bandwidth requirements.