Quincy Data has chosen Enyx’s FPGA solution for CME Group data feeds for its “QED” microwave-based market data service.
The QED service sources data from multiple exchanges and delivers a normalised and integrated feed to exchange matching engine colocation and proximity data centres.
Enyx’s CME certified FPGA market data solution provides Quincy with wire-to-software latency of less than 1.5 microseconds (µs). This result is deterministic and includes decoding, filtering and normalisation (wire-to-wire is less than 1.2µs).
“We have achieved latencies impossible with software-based feed handler solutions,” says Arnaud Derasse, co-founder and chief executive of Enyx. “We are delighted to have met the exacting standards of the Quincy Data team to enable them to extend the lead as the fastest known CME market data service available in New Jersey colos.”
Stéphane Tyc, co-founder of Quincy Data, says: “We now achieve significantly improved deterministic latencies particularly during the worst bursts of market data where ENYX performs to perfection. This upgrade is part of our constant improvement process for the QED service: more data, more locations, greater determinism, lower latency, enhanced reliability."