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.
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NovaTick™, the flagship platform of the FPGA market data company, was voted the Best Software-Based High Performance Data Feed Handler. NEW YORK, PARIS – APRIL 20th, 2021 – NovaSparks, the leading field programmable gate array (FPGA) trading solution company, today announced that the European readership of TradingTech Insight selected NovaTick…
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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.
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NEW YORK, PARIS - JULY 28th, 2020 – Peninsular Capital, an independent investment firm, is pleased to announce the acquisition of NovaSparks™, the leading field programmable gate array (FPGA) market data company, in a Management Buy-Out (MBO) transaction. Founded in 2008, NovaSparks leads the world in FPGA-based high performance and…
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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
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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…
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The award-winning NovaTick now multiplies the instrument density by 10 and unleashes new consumption and integration models. NEW YORK, LONDON, PARIS- October 15, 2018 – NovaSparks™, the leading field programmable gate array (FPGA) market data company, today announced that its 4th generation NovaTick decreases latency by 20% and can…
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This year again, the readership of Intelligent Trading Technology picked NovaTick, the pure FPGA market data ticker plant by NovaSparks, from many competitive feed handler solutions. NEW YORK, LONDON, PARIS- JUNE 12, 2018 – NovaSparks™, the leading field programmable gate array (FPGA) market data company, today announced that the readership of Intelligent…
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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…
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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.
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