NYSE Euronext, the global exchanges group, is to implement a low-latency market data solution from UK-based technology vendor Celoxica.
Celoxica’s Market Data Accelerator will be incorporated into NYSE Euronext’s network infrastructure to enhance the firm’s monitoring of market data feeds.
According to Celoxica, the solution will aid NYSE Euronext in handling and monitoring growing market data volumes due to its high processing capacity and single-digit microsecond latency. Market Data Accelerator, which claims processing speeds of 10 million messages per second, is designed to integrate with users’ existing infrastructures, but is also offered on standard servers through standard programming interfaces.
“For an organisation such as NYSE Euronext to approve and implement our solution is a fantastic endorsement of our technology, and proves that it can provide a quantifiable benefit for companies whose business revolves around data flows emanating from stock exchanges,” said Lee Staines, CEO of Celoxica, in a statement.