September 18, 2018 | News
Enyx and QuantHouse launch FPGA-accelerated market data solution as a service
Combining end-to-end, ultra-low latency market data normalisation and distribution with fully managed support and co-location services within the Hong Kong Exchange data center.
Hong Kong, London and New York – September 18, 2018 – Enyx, the premier provider of low-latency, FPGA-based market data and order execution systems, today joins the qh API ecosystem. This joint venture with QuantHouse, a leading independent global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure solutions, provides trading firms with immediate access to a high performance, FPGA accelerated end-to-end market data service.
FPGA solutions have been predominantly leveraged by an elite few given the associated barriers to entry for dedicated platforms. To help reduce cost and time to market, Enyx and QuantHouse deliver, as a service, a FPGA accelerated hardware solution that interfaces directly with existing trading applications via Enyx’s API or qh FeedOS API. This “plug and play” solution allows swift access and provides the benefits of an FPGA-powered feed handler for strategies requiring ultra-low latency with absolute determinism, in an easy to use, fully managed and cost-efficient offer.
Arthur Tricoire, Managing Director, APAC, QuantHouse, said,
“The wider adoption of automated trading in APAC is driving a growing appetite among Quant teams for innovative trading solutions. Working with Enyx, and with an initial roll out focus with the HKEX Securities and Derivatives segments, we are providing the combined benefits of hardware acceleration using FPGA-enabled feed handlers with software optimized distribution and managed services. We look forward to expanding this solution to our wider community in response to demand for continuously improved determinism and lower latencies.”
Arnaud Derasse, CEO, Enyx, comments,
“To remain competitive in today’s automated trading environment, low latency trading firms increasingly demand higher performance, wider coverage and reliable support while trading in-colo at an efficient price point. By joining the qh API ecosystem, with their existing managed services and exchange connectivity, we’re able to bring to market an end-to-end, high performance market data solution that satisfies even the most latency sensitive trading infrastructures.”
– Ends –
Enyx is a leading, independent provider of FPGA-enabled, ultra-low latency trading and market access technologies. We specialize in high performance market data acquisition and distribution, order execution, and network connectivity management.
We help investment banks, hedge funds, technology service providers, and exchanges streamline their trading infrastructures by providing end-to-end, high performance solutions that satisfy both latency and non-latency sensitive trading infrastructures, with global customer service and dependable support. Our clients benefit from higher performance and lower datacenter footprint than those using solutions with less cutting-edge technology.
Enyx’s Enterprise Class Market Data Distribution product (nxFeed) is an ultra-low latency feed handling solution which distributes market data at ULL using the industry’s latest FPGA technology. nxFeed offers fully processed, filtered, and normalized market data for large multi-site trading infrastructures with an average performance of 1.0 µs. Complementary to nxFeed, Enyx offers an FPGA-enabled market access solution (nxAccess) with accelerated execution features such as order pre-loading, active kill switch and full hardware TCP stacks.
QuantHouse provides end-to-end systematic trading solutions. This includes low latency market data technologies with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK.
We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalize operating costs.
The “QuantHouse API Ecosystem” is a unique global initiative with the objective to provide the framework within which capital markets participants can quickly and easily gain access to multiple trading venues, technologies or applications through standard APIs. The QuantHouse API Ecosystem has developed over time to what is now the largest API ecosystem community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds, market makers and other financial services partners and vendors.
<< back to news list