April 15, 2013 | News
Enyx FPGA feed handler chosen by Quincy Data for CME data
Paris, France — April 15, 2013 — Enyx is pleased to announce its FPGA solution for CME Group data feeds has been selected by Quincy Data, LLC for its industry-leading “QED” microwave-based market data service. The QED service sources data from multiple exchanges and delivers a normalized and integrated feed to exchange matching engine colocation and proximity data centers.
Enyx’s CME certified FPGA market data solution provides Quincy with wire-to-software latency of less than 1.5 microseconds (µs). This result is deterministic and includes decoding, filtering and normalization (wire-to-wire is less than 1.2µs).
The ENYX FPGA solution supports all major US markets and its functionality supports book building for all equities markets.
Enyx has also currently started developing a CME iLink order entry platform in FPGA. Target for certification is May and this would bring the whole CME round-trip (including market data and iLink) to less than 3 micro-s. More information is available on request.
Arnaud Derasse, Co-founder and CEO of Enyx, commented:
“We have achieved latencies impossible with software-based feed handler solutions and we are delighted to have met the exacting standards of the Quincy Data team to enable them to extend the lead as the fastest known CME market data service available in New Jersey colos”.
Stéphane Tyc, Co-founder of Quincy Data, added:
“We now achieve significantly improved deterministic latencies particularly during the worst bursts of market data where Enyx performs to perfection. This upgrade is part of our constant improvement process for the QED service: more data, more locations, greater determinism, lower latency, enhanced reliability.”
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Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions, primarily for trading. Enyx’s products deliver the next generation of cutting-edge technology, while also remaining accessible and flexible.
Enyx provides off-the-shelf solutions compatible with FPGA platforms such as ARISTA, and also assists in the integration and deployment of its platform into the customer’s infrastructure. Enyx’s clients include some of the leading securities market places, market data vendors, investment banks, brokers and investment funds.
The ENYX FPGA solution supports all major US markets and its solutions include book building for all equities markets.
For more information, see www.enyx.com.
About Quincy Data, LLC
Quincy Data is a provider of extremely low latency market data services, powered by the McKay Brothers Microwave Network. The Quincy Extreme Data (QED) Service sources data from multiple US financial exchanges and offers an integrated and normalized feed in multiple exchange colocation centers around the world.
Live since 4th quarter 2012 with CME Futures data, Quincy is dedicated to being the low-latency market data provider of choice among electronic trading desks large and small.
Additional information is available at www.quincy-data.com
About McKay Brothers LLC
McKay Brothers LLC is an industry leading telecom provider of private carrier services for latency sensitive applications. In production with live customer trading since July 2012, McKay Brothers designs, builds, owns and operates its own network.
For more information, see www.mckay-brothers.com
All registered trademarks and other trademarks belong to their respective owners.
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