©Celoxica 2009. T: +44 (0)1235 863656
Press release
Celoxica extends market coverage with new hardware accelerated European Feed Handlers and Consolidated Book processing.
London, 18 March 2010 – Celoxica, experts in ultra-low latency trading and market data solutions, has extended market coverage to Europe by releasing feed handlers for the LSE, BATS Europe and Chi-X Europe. This follows success in delivering ultra low latency feed handlers for the US Equities, Options and Futures markets.
The European Feed Handlers provide normalized market data with full recovery and support both single market and consolidated order books (Superbook) with full depth and top of book. The new products, which can be implemented with multiple feeds on a single PCIe accelerator card, are currently being shipped to clients. Performance benchmarks have shown normalized market data being processed in under 5 microseconds with order book updates (from wire to entirely updated full depth order book in user space) taking only a further 4 to 9 microseconds.
Lee Staines, CEO of Celoxica said: “Celoxica is fast gaining a reputation for delivering unrivalled performance. Our accelerated solutions provide not only market data with the lowest latency available but also with a consistency in performance (zero jitter) that only our hardware-based technology can provide.”
About Celoxica
Celoxica is a leader in ultra-low latency, market data and high frequency trading solutions for the global financial services industry. Headquartered in the UK with a Chicago office, Celoxica typically delivers its solutions to co-located or proximity hosted, high frequency trading firms, who are looking to maximize the speed and performance of their trading applications, irrespective of market conditions.
- ends -
For more information please contact:
Antoine Rescourio, Chief Operating Officer
Celoxica
t: +44 (0)1235 863656
Antoine.rescourio@celoxica.com
Press enquiries to:
Salli Roskilly
Saffron Communications
t: +44 1763 208708
salli@saffroncoms.com
