8 July 2008 — Celoxica Ltd, which is at the forefront of accelerated and low-latency computing solutions, today announces the securing of a contract which will see the deployment of a Celoxica accelerated computing solution at NYSE Euronext.
Celoxica worked with NYSE Euronext to develop an FPGA for tracking multicast messages.
Under the terms of the contract, Celoxica’s FPGA Accelerator will be incorporated into NYSE Euronext’s network infrastructure.
With capital markets continuing to experience ever growing market data volumes, the need for monitoring tools to be able to handle current market data volumes and have the capability of processing significant additional volumes is vital. Celoxica’s Accelerator helps to meet this need by providing both ultra-high capacity for processing volumes while achieving ultra-low single digit microsecond latency.
Lee Staines, CEO of Celoxica commented: “For an organisation such as NYSE Euronext to use our technology as part of their system monitoring tools is very gratifying.”
The product is designed to integrate simply with existing Infrastructure and is offered on standard servers through standard programming interfaces. Architected solutions are designed to easily take advantage of future developments in accelerated computing as well as the investments of the major players in the chip and server market. Celoxica’s Accelerator can process 10 million messages per second, which provides capability for market data volumes expected in and beyond 2009.
Celoxica is a leading provider of hardware accelerated low-footprint, ultra low latency market data, order entry and risk trading solutions for the global financial services industry. Headquartered in the UK with offices in Chicago and New York, Celoxica delivers trading solutions to automated trading firms, banks and brokers seeking to optimize the performance of their trading applications across multiple asset classes in all market conditions, whilst reducing their total cost of ownership.
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For additional information, contact:
Lee Staines, President Celoxica Inc
t: +44 207 313 3180 or +1 212 880 2075
Press enquiries to:
Salli Roskilly Saffron Communications
t: +44 1763 208708