The nxFeed Market Data System is an FPGA-based feed handler that revolutionizes market data processing by using hardware to enhance speed and efficiency. By normalizing data feeds into a simple and consistent API, nxFeed significantly reduces the server resources and latency associated with data handling. This system is especially beneficial for electronic trading applications requiring synchronized and fast market data updates.
Designed to integrate easily into existing systems, nxFeed offers both local PCIe delivery and UDP multicast for distributed applications, allowing for flexibility in deployment. Its robust API ensures that integration can be achieved rapidly, often within a week, without the need for dedicated FPGA hardware during development. The system offers a central management structure with tools for latency statistics and live monitoring.
With nxFeed, developers can focus on core business logic while the system handles complex feed arbitration, decoding, and normalization. It's particularly useful for firms looking to develop proprietary trading algorithms or manage volatile exchange feeds. The solution supports up to 250,000 symbols per card, making it an ideal choice for high-demand trading environments.
