Celoxica
Press Release
Credit Suisse selects Celoxica’s ultra-low latency trading and market data technology for next generation electronic trading platform
LONDON, 30 November, 2009 – Credit Suisse and Celoxica, experts in ultra-low latency trading and market data solutions, today announced a strategic relationship whereby Celoxica will provide hardware accelerated trading and market data technology for Credit Suisse’s next generation electronic trading platform. The two firms have agreed to implement and develop both existing market data solutions and new state-of-the-art infrastructures to help address the growing need for high volume, deterministic trade processing capabilities as global markets continue to grow exponentially.
"We are delighted to be selected by Credit Suisse for such an important programme," said Lee Staines, Celoxica’s CEO. "We view this as further validation of our vision and goal to deliver the fastest, most consistent, high performance products to the advanced trading community by applying hardware acceleration to trading and market data solutions. Furthermore, this will enable us to accelerate the development of our product roadmap and expand our global reach”.
About Celoxica
Celoxica is a leader in accelerated computing, with a focus on ultra-low latency, market data and high frequency trading solutions for the global financial services industry. 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, ultra-high throughput processing capabilities to traders in today’s automated and electronic trading environments.
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