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Celoxica extends data coverage to Europe

22 March 2010  |  3105 views  |  0 Source: Celoxica

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."

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