NovaSparks

NOVASPARKS INTRODUCES U.S. EQUITIES IN A BOX SOLUTION The entire U.S. equity market is now processed in a single NovaTick appliance reducing total cost of ownership, while further lowering latency NEW YORK, LONDON, PARIS- OCT. 16, 2017 NovaSparks, the leading field programmable gate array (FPGA) market data company, today announced that its pure FPGA ticker plant appliance, NovaTick, now processes the entire U.S. equity market in a single 2U appliance. This achievement o...ffers an important benefit to banks and trading firms that allows them to deploy pure FPGA feed-handlers in a simple and cost-effective manner. Today’s announcement is the culmination of a yearlong effort by our engineering team, commented NovaSparks CEO, Luc Burgun. We have managed to quadruple the instrument density of our U.S. equity feed handlers, while continuing to reduce latency. When customers choose NovaTick, they don’t have to compromise on speed, feature set, coverage, or footprint. A single NovaTick 2U appliance now handles the entire instrument universe of the ten feeds from the main three exchange groups NASDAQ, BATS and NYSE, as well as the SIP feeds (UTP and CTA). The appliance’s average latency is 760 nanoseconds, measured wire-to-wire when using the Ethernet output. The latency remains below one microsecond at the 99.9 percentile, illustrating a level of determinism that only a pure FPGA solution can deliver. NovaTick is built on an FPGA-centric architecture, augmented with tightly integrated multi-core Intel processors to support non-latency sensitive tasks such as exchange recovery functions. NovaSparks’ ticker plant has a single application programming interface (API), which allows banks and trading firms to integrate additional feed-handlers quickly and effortlessly. About NovaSparks, Inc. NovaSparks is the leader in FPGA-based high performance and ultra-low latency market data solutions for the financial industry. NovaSparks unique FPGA centric approach delivers sub microsecond processing latency including book building, even during market peak periods. Available for over 50 feeds among the major Equity, Futures and Options venues across North America, Europe and Asia, the feed handlers are packaged in easy-to-deploy appliances offering an extensive fan-out capability for market data distribution. Founded in 2008 and backed by well-established investors, NovaSparks’ offices are located in Paris, France and New York, USA. For more information, please contact Barbara Rizzatti at 971-998-9404 or [email protected]. Follow us on Twitter: @NovaSparksFPGA.

On the heels of NYSE's release, NovaSparks launches feed-handlers for NYSE and NYSE MKT Integrated, the fastest NYSE feed. NovaSparks' customers will not miss a beat and be able to trade using the fastest data made available by the exchange. http://ow.ly/TPi8dless

NovaSparks dramatically improves its feed-handler performance for CME, slashing the latency by 40% with NovaTick. http://ow.ly/T0kUq

NovaSparks Unveils NovaTick Based on a new platform, the pure FPGA feed handler solution offers scalability and functionalities typically found in software-only solutions. http://ow.ly/BAglz

NOVASPARKS RELEASES FPGA-BASED FEED HANDLER FOR OPRA The pure FPGA based solution handles over 10 times the current message peak rate of the consolidated options feed NEW YORK, LONDON, PARIS- August 21, 2014 NovaSparks, the leading field programmable gate array (FPGA) market data company, today announced the release of an FPGA-based feed handler to process the consolidated cash equity options feed from the Options Price Reporting Authority (OPRA). The NovaSparks feed handl...er processes data at line rate and without bottlenecks, hence providing unmatched processing power. NovaSparks’ powerful FPGA architecture is particularly attractive to end-users consuming the OPRA feed because it handles very high volumes of data, reduces physical system footprints and increases reliability. FPGA technology does not only focus on latency reduction and determinism. It also provides amazing throughput capabilities, said NovaSparks CEO, Luc Burgun. The Options Price Reporting Authority indicates that OPRA’s peak traffic has more than doubled over the last two years and that it will triple its current message capacity in the next two years. This exponential traffic growth has been a constant headache for market data managers. The NovaSparks solution brings an end to their search for an efficient and sustainable long-term answer to this problem. The NovaSparks’ FPGA-based feed handler for OPRA can process up to 150 million messages per second with a single 2U appliance. The feed handler extracts and normalizes the last sale price as well as the OPRA-computed National Best Bid and Offer (NBBO) price, thus helping trading firms to fulfill their Regulation National Market System (Reg NMS) obligations. For more information about NovaSparks’ feed handlers please contact [email protected]. ow.ly/Ayowa