©Celoxica 2009. T: +44 (0)1235 863656

Celoxica showcases hardware-accelerated market data solutions to handle up to 10 million messages per second and deliver microsecond latency at FIA Expo.

Accelerated trading and market data components offer new and cost-effective ways to improve performance as volumes grow, especially with the expansion of options penny pricing.

Booth 1702 Northwest Hall FIA Chicago October 20-22

FIA, Chicago, 20 October 2009 – Celoxica Ltd, an enabler of ultra-low latency trading and market data solutions exhibiting at FIA for the first time, says that exchanges and market participants need to look to new technologies to continue to develop lower latency architectures in an environment of exponential market data growth.

Lee Staines, chief executive officer of Celoxica observed “With the growth in messaging and volumes such as we are experiencing in the options market with the expansion of penny pricing, technology has become a key battleground. Success is increasingly determined by microsecond differences in reaction time and trading latency. Celoxica is at the forefront of new hardware-accelerated solutions providing consistently higher throughput than intrinsically slower software-only solutions which suffer degraded performance in faster markets and micro-bursts and need ever higher server capacity.”

Celoxica, whose goal is offer the fastest, most deterministic trading and market data solutions to the advanced trading community, has extended its hardware-accelerated solutions. Market Data Line Handlers now offer 3-5 microsecond latency (wire to RAM) irrespective of market speed or micro-bursts. Celoxica Market Data Feed Handlers offer sub-10 microsecond latency for order book processing with full market depth in client applications. Celoxica is also tackling the potential bottleneck of middleware by providing Accelerated Middleware and Distribution with sub-18 microsecond performance on a 1 Gigabit Ethernet Network.

Celoxica’s line handlers support all US high frequency equity, futures and options feeds and are being extended to include European feeds.

About Celoxica

Celoxica is a leader in accelerated computing solutions, with a focus on low latency, high volume market data feed processing for financial services. Headquartered in Abingdon, Oxfordshire and New York, Celoxica’s solutions combine accelerated computing technology (hardware, firmware, software and APIs) with professional services to enable ultra low latency, high throughput processing capabilities to traders in today’s automated and electronic trading environments.

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For more information please contact:
Antoine Rescourio, Chief Operating Officer
Celoxica
t: +44 (0)1235 863656
antoine.rescourio(at)celoxica.com
Press enquiries to:
Salli Roskilly
Saffron Communications
t: +44 (0)1763 208708
e: salli(at)saffroncoms.com