Nine times faster.
That’s how fast the new fourth generation field programmable gate array (FPGA) device from Exegy is compared to the current crop of offerings. That means hyper fast data transmission speeds for traders looking to execute orders – and more economical executions.
The fourth generation Exegy FPGA can take in nine times as much raw market data and can process this data ten times faster than the currently offered third generation devices. The increased speed is due to the usage of the new multi-core x86 processor technology.
Exegy said in a release that a single fourth generation Exegy appliance is able to normalize and distribute market data from all U.S. Options feeds: SIAC OPRA and direct feeds from all markets, including full-depth market by order feeds. This includes the computation of multiple user-defined composite views of real-time pricing of every option contract across all markets.
The company’s new FPGA design also allowed designers to build in and allocate a portion of the processor to provide secure remote management, to generate operational content, and to perform automated data quality checks. The FPGA devices at the heart of Exegy appliances allow these tasks to be performed without impacting the performance of real-time market data processing.
The fourth generation devices are available and should be in full operation by the end of March.
