The nxAccess Trading Engine is an FPGA-powered solution designed to enhance market access by processing raw market data in hardware before executing orders. This engine integrates seamlessly with both hardware and software trading algorithms, ensuring deterministic performance with minimal jitter. nxAccess structures its operations into phases where orders are preloaded using software, market data is assessed, and subsequent trading decisions are swiftly enacted by the hardware.
Built for high-frequency trading and arbitrage strategies, nxAccess reduces the investment typically associated with FPGA technology by offering a hybrid implementation. It employs advanced FPGA data paths for latency-critical tasks while leveraging accelerated software data paths for complex logic. The system also includes a sophisticated pattern matcher for decoding raw market data, further reducing latency for specific trading operations.
The nxAccess platform supports a wide range of symbols and message types, facilitating versatile market applications. It can handle substantial order volumes with its robust hardware TCP stacks and extensive in-FPGA order storage capabilities. nxAccess is an ideal solution for financial institutions looking to transition smoothly to FPGA technology without sacrificing the adaptability of software solutions.
