The nxFeed Market Data System is an FPGA-based feed handler designed to significantly enhance the efficiency of market data processing. By handling the data feeds directly on an FPGA, nxFeed reduces latency and server load. This system is ideal for financial applications requiring ultra-low latency data feeds, providing a streamlined, plug-and-play solution that integrates seamlessly with existing trading infrastructure.
The system processes raw market data from various exchanges, normalizes it, and makes it available to applications via a simplified API. This approach not only reduces latency but also allows developers to focus on creating core business logic rather than dealing with the complexities of data normalization. With features like TCP-based application resynchronization and UDP multicast distribution, nxFeed provides robust options for data handling.
Designed with scalability in mind, nxFeed can be utilized in environments ranging from single server installations to complex multi-site trading networks. It supports centralized management and live monitoring, providing detailed latency statistics to ensure optimal operation. This system is highly beneficial for firms looking to optimize market data processing and improve trading performance across their platforms.
