Celoxica adds hardware-accelerated EUREX ticker plant to product set

Celoxica adds hardware-accelerated EUREX ticker plant to product set

 
 
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Delivering small footprint & high message volume processing for multiple markets at ultra-low latency.
 
London and New York, 5th September 2015: Celoxica, the leading provider of accelerated market data, order entry and pre-trade risk solutions for the electronic trading community, today announced the extension of its Celoxica Ticker Plant (CTP) portfolio to include EUREX EMDI and EOBI Eurex feeds.
 
As one of the largest and most liquid derivatives exchanges in the world, and with trading volume exceeding 1.5 billion contracts a year, EUREX continues to generate increasing volumes of market data across its diverse product set.
 
Celoxica’s CTP is a hybrid software and hardware-accelerated, normalised, multicast market data solution, delivered via a single server utilising FPGA technology. The CTP for EUREX enables consumers of EUREX market data to reduce data centre footprint by an order of magnitude compared with traditional software solutions. Alternatively, Celoxica can deliver a managed service with service levels of a higher standard than alternative solutions. The distributed ticker plant is designed specifically to efficiently handle any market conditions and provide consistent, ultra low latency performance, achieving consistent low single-digit microsecond latency.
 
Lee Staines, Global Head of Sales at Celoxica said, “Following the successful launch of CTP for OPRA in the US, we are continuing to roll out our support to EU venues with the addition of EUREX. Automated Traders continue to be demanding in their requirements and use of EUREX across the enterprise and are becoming increasingly frustrated with the current market offerings.” He added, “With the launch of CTP for Eurex those trading firms can access unique technology, superior service and unbeatable performance at a competitive price point”.