Credit Suisse selects Celoxica’s ultra-low latency trading and market data technology for next generation electronic trading platform

Credit Suisse selects Celoxica’s ultra-low latency trading and market data technology for next generation electronic trading platform

London, 30 November 2009 – Credit Suisse and Celoxica, experts in ultra-low latency trading and market data solutions, today announced a strategic relationship whereby Celoxica will provide hardware accelerated trading and market data technology for Credit Suisse’s next generation electronic trading platform. The two firms have agreed to implement and develop both existing market data solutions and new state-of-the-art infrastructures to help address the growing need for high volume, deterministic trade processing capabilities as global markets continue to grow exponentially.

“We are delighted to be selected by Credit Suisse for such an important programme,” said Lee Staines, Celoxica’s CEO. “We view this as further validation of our vision and goal to deliver the fastest, most consistent, high performance products to the advanced trading community by applying hardware acceleration to trading and market data solutions. Furthermore, this will enable us to accelerate the development of our product roadmap and expand our global reach”.

About Celoxica

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
Lee.Staines@www.celoxica.com

Press enquiries to:
Salli Roskilly Saffron Communications
t: +44 1763 208708
e: salli@saffroncoms.com