Enyx partners Options on FPGA-based market data distribution

Enyx, the leading provider of hardware-accelerated trading solutions for the financial markets, today announced their customers will now be able to access nxFeed, Enyx's ultra-low latency FPGA-based market data distribution system, through Options' Velocity market connectivity and application hosting service.

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The solution enables users to access, via a single API, an ultra-low latency feed of filtered, normalised market data for ten key US equities markets (NYSE, Arca, Amex, NASDAQ, BX, PSX, BATS BYX, BATS BZX and Direct-Edge EDGA and EDGX), offering the levels of jitter-free and performance of FPGA technology while maintaining feature and accessibility levels offered by conventional software solutions.

The service is initially being offered from Options colocation facilities across the New Jersey co-location corridor of Weehawken, Carteret, Secaucus and soon Mahwah, with customer demand dictating further expansion.

"We are very proud to announce the availability of our nxFeed distribution product, as a managed service offering, with Options" says Arnaud Derasse, Co-Founder and CEO of Enyx. "Indeed, nxFeed Ultra-Low-Latency solution takes on its full meaning when deployed within a high performance network such as Options Velocity."

Introducing this service, customers can experience the benefits of hardware processing and low latency networking at an affordable price, enhancing the profitability of electronic trading operations.

Nigel Kneafsey, CEO of Options, commented, "Options delivers value to trading customers by supporting a diverse ecosystem of innovators across the software and hardware stack. We're honoured to have been chosen by Enyx to support their growing business." 

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