nxFeed offers a streamlined solution for market data processing, designed to simplify the complexities of handling incoming exchange data through FPGA-driven technology. By normalizing data at ultra-low latency, this IP significantly offloads processing demands from the central server, supporting trading and data analysis applications.
Key to nxFeed's advantage is its ability to reduce system overhead dramatically through the use of FPGA technology, which normalizes and manages enormous volumes of raw market data. It provides an integrated mechanism to build order books, process and record trading events efficiently, and ensure high-throughput data distribution to both local and remote applications via a standard API.
The nxFeed system integrates seamlessly over PCIe for local tasks or distributes standardized feeds over Ethernet using UDP multicast, making it versatile for various applications. Its robust framework serves as a cornerstone for deploying comprehensive trading architectures, enhancing the system’s portability and scalability across multi-site infrastructures, without compromising on performance metrics like latency and jitter.
