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Celoxica Extends Market Data Coverage to Europe

Releases ultra low latency feed handlers for the LSE, BATS Europe and Chi-X Europe..

Celoxica has extended its coverage of ulta low-latency data feeds to Europe by releasing feed handlers for the London Stock Exchange, BATS Europe and Chi-X Europe. This follows the company's delivery of ultra low latency feed handlers for U.S. equities, options and futures markets, according to the release.

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 a single PCIe, accelerator card, are currently being shipped to clients.

Normalized market data has been 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, according to performance benchmarks, cited by the company.

"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," stated Lee Staines CEO of Celoxica, a specialist in market data solutions, headquartered in the United Kingdom with a Chicago office. Celoxica typically delivers its solutions to collocated or proximity hosted, high frequency trading firms who are looking to maximize speed and performance of trading applications irrespective of market conditions. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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