Celoxica Drives US Order Book Maintenance Down to Below 1 Microsecond
Sunday,19/05/2013|14:06GMTby
Andrew Saks McLeod
Ultra-low latency remains at the forefront of technology provider Celoxica's product offering. In launching the new GBA, the company now offers an accelerated order book management software on FPGA board.
Technology Provider Celoxica continues to focus on ultra-low latency solutions and has announced its latest addition to its hardware accelerated market data products with the launch of the Generic Book Accelerator (GBA) product line for the US markets.
The GBA delivers unique performance advantage maintaining order books on a field-programmable gate array (FPGA) board and distributes the five best limits to consuming applications delivering deterministic wire to wire latency of 1 microsecond and eliminating performance spikes.
Combined with GBA, Symbol Filtering also reduces the required system bandwidth ensuring only relevant market data is sent to consuming applications and therefore guarantees optimized memory and compute profile for subscribing applications and significant reductions in infrastructure cost.
The introduction of the GBA demonstrates the company’s interest in maintaining market share within the high-frequency trading segment, as the company considers this an important target market along with proprietary trading groups, investment banks and Execution services providers. Earlier this year, Celoxica launched a hardware-accelerated futures trading platform with the same criteria in mind.
$3 Million Funding Round Completed
In a corporate statement from Celoxica issued on May 17th, Chairman and CEO Jean Marc Bouhelier explained: “In a market where margins are being continually squeezed and where performance remains of paramount importance, our goal is to deliver state-of-the art technology solutions that help our clients address these challenges whilst reducing their total cost of ownership.”
Mr. Bouhelier further stated that “Celoxica’s ability to offer market data distribution on a single FPGA based card, utilizing standard servers and reducing collocation infrastructure, whilst ensuring the best possible performance, allows us to successfully meet these goals"
In accordance with the company’s development of new low latency solutions, Celoxica has gained $3 million in funding from a series of investors led by Oxford Capital Partners in the UK, in addition to which all existing institutional investors participated. This injection of capital will be used to expand Celoxica’s sales and marketing presence in the US and Europe and for continued investment in the technology roadmap. In adding Celoxica to its portfolio, Oxford Capital Partners shows that it is also keen to invest in financial technology companies in addition to its existing client base which is made up largely of technology companies for the science and engineering industries.
Technology Provider Celoxica continues to focus on ultra-low latency solutions and has announced its latest addition to its hardware accelerated market data products with the launch of the Generic Book Accelerator (GBA) product line for the US markets.
The GBA delivers unique performance advantage maintaining order books on a field-programmable gate array (FPGA) board and distributes the five best limits to consuming applications delivering deterministic wire to wire latency of 1 microsecond and eliminating performance spikes.
Combined with GBA, Symbol Filtering also reduces the required system bandwidth ensuring only relevant market data is sent to consuming applications and therefore guarantees optimized memory and compute profile for subscribing applications and significant reductions in infrastructure cost.
The introduction of the GBA demonstrates the company’s interest in maintaining market share within the high-frequency trading segment, as the company considers this an important target market along with proprietary trading groups, investment banks and Execution services providers. Earlier this year, Celoxica launched a hardware-accelerated futures trading platform with the same criteria in mind.
$3 Million Funding Round Completed
In a corporate statement from Celoxica issued on May 17th, Chairman and CEO Jean Marc Bouhelier explained: “In a market where margins are being continually squeezed and where performance remains of paramount importance, our goal is to deliver state-of-the art technology solutions that help our clients address these challenges whilst reducing their total cost of ownership.”
Mr. Bouhelier further stated that “Celoxica’s ability to offer market data distribution on a single FPGA based card, utilizing standard servers and reducing collocation infrastructure, whilst ensuring the best possible performance, allows us to successfully meet these goals"
In accordance with the company’s development of new low latency solutions, Celoxica has gained $3 million in funding from a series of investors led by Oxford Capital Partners in the UK, in addition to which all existing institutional investors participated. This injection of capital will be used to expand Celoxica’s sales and marketing presence in the US and Europe and for continued investment in the technology roadmap. In adding Celoxica to its portfolio, Oxford Capital Partners shows that it is also keen to invest in financial technology companies in addition to its existing client base which is made up largely of technology companies for the science and engineering industries.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
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Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
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🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
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Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
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