OUR HISTORY

Building market data and trading solutions for over 15 years

Timeline

2023

TradingTech Insight USA Awards in the “Best High Performance Data Feed Handler” category

NovaSparks wins the TradingTech Insight USA Awards in the “Best High Performance Data Feed Handler” category. Scalability of NovaTick is increased by using an advanced software augmented solution. NovaSparks opens office in Bangkok to address APAC market.
2022

NovaSparks adds support for US regional markets (MIAX, MEMX, IEX) and Canadian market consolidator

NovaSparks supports US regional markets MIAX, MEMX and IEX. Those feed handlers can be implemented along with the US main markets feed handlers in one single NovaTick appliance.
2021

Open FPGA development platform deployed with Order Execution on Nasdaq, CME and Nyse

Customers use the open FPGA development platform to create a Tick-to-Trade solutions on three main US markets: Nasdaq, CME, NYSE/ICE. NovaSparks develops an order execution IP for those markets.
2020

Pure FPGA solution for Multi-Market Consolidation for US Equities

NovaTick Appliance and PCIe Card consolidate US Equities and Canadian Equities markets (with UBBO and Book levels) in 500ns wire-to-wire.
2019

Waters Technology Awards in the Best New Product Category for “Microwave Bandwidth Shaping”

Novasparks wins the Waters Technology Awards in the Best New Product Category for “Microwave Bandwidth Shaping”. CBOE C1 feed handler goes into production.  NovaTick Devices now handle 250 000 instruments per FPGA card.
2018

Additional Award and New Platform

NovaTick is voted best hardware feed handler for the second year in a row. NovaTick 4th generation platform is introduced.
2017

Award win for NovaTick and introduction of “U.S. Equities in box” Solution

NovaTick voted best Hardware Feed Handler by the Financial Industry and Novasparks introduces “U.S. Equities in box” Solution.
2016

Novalink is introduced and further acceleration in market data coverage

Novalink allows customers to consume market data directly in FPGAs and the company accelerates its market data coverage by supporting 50 market data feeds
2015

NovaTick supports the 11 US equities protected markets

2014

Acceleration of market data coverage & unveiling of NovaTick

NovaSparks accelerates its market data coverage by supporting 30 FPGA feed handlers and unveils NovaTick, a new paradigm for pure FPGA feed handlers.
2013

Another milestone reached

NovaSparks reaches another milestone with 20 major equity and future feed handlers now available followed by consolidating ten market data feed handlers for a large investment bank.
2012

Record breaking first quarter & first pure FPGA order book builder

NovaSparks announces the first pure FPGA order book builder, offering unprecedented low latency and deterministic performance.
2011

New York office opening & launch of second generation platform

Novasparks opens office in New York followed by announcing its second generation platform for pure FPGA market data feed handlers, offering more capacity and lower deterministic latency, rolling these out through Europe and the US and expands its market data coverage to 12 feed handlers globally.
2010

Funding from Partech International & expansion of feed handlers

First round of funding with Partech International & NovaSparks expands market coverage to 7 feed handlers
2009

Sign first contract with a major Tier 1 investment bank

2008

First pure FPGA data feed handler

R&D invents and develops the first pure FPGA data feed handler solution available on the market
2007

Company founded as HPC Platform