Accelize, the industry leader in ultra-low latency, FPGA-based network processing cards and Enyx, a leading provider of turnkey FPGA-based solutions for trading firms, today announced immediate availability of a fully integrated, FPGA contained, trading platform aimed at financial firms looking for high performance trading solutions. The platform enables unparalleled tick-to-trade latency by integrating every element of the trading flow into a single PCI Express low profile FPGA board that will easily fit into any standard server.

The combined trading platform is based on the Accelize XP5S620LP FPGA network interface card (NIC) running Enyx’s FPGA trading application. It features:

· Real-time market data acquisition over 10Gb Ethernet

· UDP decode and A/B line arbitration inside the FPGA

· Normalization and book building inside the FPGA

· High-speed transfer over PCIe to the server’s trading engine, using Enyx’s PCIe Fast Path acceleration API

· Order flow out to the wire through the FPGA built-in full hardware 10GbE TCP stack

In terms of latency, Enyx trading platform offers a deterministic latency of 1.2µs from fiber to application for the market data access and another 1.2µs from the application to the wire to send an order using a kernel bypass and an embedded TCP stack.

The platform currently supports the CME markets and can be customized for other Options and Futures markets such as Eurex and others.

“Accelize provides a range of FPGA-programmable Network Interface Cards and the supporting IP infrastructure required to enable customers and partners like Enyx to build complete turnkey trading platforms easily and seamlessly.” stated Stephane Hauradou, CTO for Accelize. He adds “This ease of integration is a key differentiator for the Accelize FPGA NICs, giving them a real advantage over the competition.”

According to Arnaud Derasse, CEO of Enyx, “As the first vendor to offer Market Data Processing and Order entry on a single FPGA board to achieve a wire to wire latency of less than 2.4µs, it is crucial to us to be able to deliver a turnkey solution that will seamlessly fits in our customers’ infrastructure.” He further adds “Accelize’s FPGA cards are low-profile and do not require external power which makes integration much easier in trading servers”.

See Accelize and Enyx at SIFMA Tech 2013
Join Accelize and Enyx at SIFMA 2013 in New York, booth #1853, on June 18-19 at the Hilton New York. They will be showcasing their new platforms as well as their other lines of financial trading solutions.

About Accelize
Accelize is a leading provider of FPGA-based technology for the Financial Services Industry. Accelize ultra-low latency FPGA network platforms include a combination of leading edge FPGA processing cards along with a library of infrastructure intellectual property (IP), finance-specific IP, software APIs, and reference designs. These comprehensive and pre-validated trading frameworks provide an unprecedented time-to-market advantage by enabling financial institutions, including banks, hedge funds, specialized trading firms and exchanges, to concentrate on their value-add algorithms such as trading strategies, and proprietary IP.
Accelize is a PLDA GROUP company, founded in 1996 and privately owned. ACCELIZE is present in North America (San Jose, CA) and in Europe (France, Italy). For more information, visit www.accelize.com.

About ENYX, SA
Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions, primarily for trading. Enyx’s products deliver the next generation of cutting-edge technology, while also remaining accessible and flexible. Enyx provides off-the-shelf solutions compatible with FPGA platforms such as PLDA, Bittware or ARISTA, and also assists in the integration and deployment of its platform into the customer’s infrastructure. Enyx’s clients include some of the leading securities market places, market data vendors, investment banks, brokers and investment funds.

For more information, see www.enyxfpga.com
Trademarks
All registered trademarks and other trademarks belong to their respective owners.

The post Accelize and Enyx Deliver a Fully Integrated, FPGA-Accelerated Platform for Ultra-Low Latency Trading appeared first on Enyx.

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 normalization (wire-to-wire is less than 1.2µs). “We have achieved latencies impossible with software-based feed handler solutions,” remarked Arnaud Derasse, co-founder and CEO 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.”

Quincy Data, LLC leverages best-in-class technologies and providers. “We now achieve significantly improved deterministic latencies particularly during the worst bursts of market data where ENYX performs to perfection.” says Stéphane Tyc, co-founder of Quincy Data, “This upgrade is part of our constant improvement process for the QED service: more data, more locations, greater determinism, lower latency, enhanced reliability.”

The ENYX FPGA solution supports all major US markets and its functionality supports book building for all equities markets.

Enyx has also currently started developing a CME iLink order entry platform in FPGA. Target for certification is May and this would bring the whole CME round-trip (including market data and iLink) to less than 3 micro-s. More information is available on request.

About ENYX, SA
Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions, primarily for trading. Enyx’s products deliver the next generation of cutting-edge technology, while also remaining accessible and flexible. Enyx provides off-the-shelf solutions compatible with FPGA platforms such as ARISTA, and also assists in the integration and deployment of its platform into the customer’s infrastructure. Enyx’s clients include some of the leading securities market places, market data vendors, investment banks, brokers and investment funds.
The ENYX FPGA solution supports all major US markets and its solutions include book building for all equities markets.
For more information, see www.enyxfpga.com

About Quincy Data, LLC
Quincy Data is a provider of extremely low latency market data services, powered by the McKay Brothers Microwave Network. The Quincy Extreme Data (QED) Service sources data from multiple US financial exchanges and offers an integrated and normalized feed in multiple exchange colocation centers around the world. Live since 4th quarter 2012 with CME Futures data, Quincy is dedicated to being the low-latency market data provider of choice among electronic trading desks large and small. Additional information is available at www.quincy-data.com

About McKay Brothers LLC
McKay Brothers LLC is an industry leading telecom provider of private carrier services for latency sensitive applications. In production with live customer trading since July 2012, McKay Brothers designs, builds, owns and operates its own network. For more information, see www.mckay-brothers.com

MEDIA CONTACTS:
Enyx Melanie Budden communication@enyxfpga.com
Quincy Data Media Relations, contact@Quincy-Data.com
McKay Brothers Media Relations, contact@McKay-Brothers.com
###

Trademarks:
All registered trademarks and other trademarks belong to their respective owners.

The post Enyx FPGA feed handler chosen by Quincy Data for CME data appeared first on Enyx.

In an interview with HFT Review, Arnaud Derasse, CEO and Laurent de Barry, Head of Customer Support, explain some of the challenges Enyx enable customers to overcome.

Read the interview

The post Adopting the Right Approach to FPGA Implementation appeared first on Enyx.

To support the growth in requirements for its products and services, Enyx is establishing a local presence in the region. “Asia is a key trading hub with high performance trading continuing its growth as Exchanges update their infrastructure to take advantage of low latency trading” says Arnaud Derasse, CEO at Enyx. He continued “We are committed to the region and delivering FPGA solutions that are providing real improvements for firms connecting to the Asian exchanges and trading venues”

Nicolas Karonis has been recruited as Managing Director for the APAC region. Initially based in Sydney, Nicolas will be responsible for the growth of the business and the establishment of the Asian operations team to cover client support and project management during trading hours in the Asian time zone. Nicolas brings close to 20 years’ experience in the electronic trading industry working in Paris, Tokyo and Sydney. As CTO with GL Trade in Asia, he supervised the growth of exchange connectivity to over 20 electronic markets in Asia. Nicolas has always been a driving force for the adoption new technology geared towards high performance. During the last 2 years Nicolas has led a variety of low latency and FPGA initiatives.

“Asia is increasingly becoming a major market for systematic machine driven trading. The major exchanges in Japan, Korea, HK, Australia and Singapore have invested recently in major upgrades of their trading platforms. Most other exchanges in Asia have equally promising projects. Now is the perfect time to bring Enyx’s technologies to Asia to enable algo trading or market making firms to benefit from a best in class solution for data feeds. Our FPGA based data feed handler delivers data to the consuming application in less than 1.5 micro-s. This is less than the transit time for the fastest network cards and brings immediately measurable efficiency improvements into almost all algos” says Nicolas.

About Enyx :
Enyx is a leading developer and provider of proprietary ultra-low latency technology focused on financial markets industry. Enyx’s core value is to design and deliver the next generation of cutting-edge trading technology, while ensuring flexibility and high availability.

Enyx offers off-the-shelf solutions, as well as assisting in the integration and deployment into customer infrastructure. Its rapidly growing client base includes Stock Exchanges, ECNs, ATSs, proprietary trading firms, Investment Banks, Brokers and Investment Funds.

Trademarks:
All registered trademarks and other trademarks belong to their respective owners.For media inquiries and more information, please contact:

Media Contact for Enyx
Melanie Budden
The Realization Group
Office: +852 2290 6559
Email: communication@enyxfpga.com
www.enyxfpga.com

The post Enyx Announces Expansion to Asian Markets appeared first on Enyx.

With ultra-low latency as the main objective, Cisco Systems and Enyx have collaborated on the creation of the next generation trading platform. Thanks to the innovative technology of Cisco’s latest switch and the Enyx Market Data Processing solution, we have produced a feed-handler solution capable of processing the NASDAQ feed, then broadcasting it back on the network in under 1.2 microseconds.

Our joint white paper will explain more The Next Generation Trading Infrastructure :

The Next Generation Trading Infrastructure

The post The Next Generation Trading Infrastructure appeared first on Enyx.

Paris, France – September 27th 2012 – Enyx announced today its FPB1 development platform is now available to the market. The platform is based on Altera’s latest 28-nm high-performance Stratix® V FPGA and is particularly suited for use in real-time financial applications.

The board offers the latest PCI Express 3.0 and Ethernet 40G connectivity coupled with an outstanding array of ultra-low latency QDR II+ and high density DDR3-1600 memories within a standard ¾ length PCIe form factor.

“This alliance of high density DDR and low latency QDR memories makes our development platform perfectly adapted to “on-the-wire” processing such as pre-trade risk checks, market data filtering or full hardware book building applications” says Enyx’s CTO Brice Vincent.

By coupling a high-performance 28-nm Stratix® V FPGA with a set of IPs such as hardware TCP and UDP networking stacks, PCI-Express DMA and Market Data decoders, Enyx FPB1 becomes the most complete platform for players wanting to create a complete trading engine on a single board.

This platform enables new applications to be developed and deployed by Enyx such as Multi Market feed handlers processing up to 16000 US Equities instruments across up to 8 different markets. Perfect for Pre-Trade risk applications enabling connection of multiple customers to a single board and also opening the way to create fair access feed distribution systems on the exchange side, using the 14 x 10GbE ports available on the board.

Enyx FPB1 platform key technical features:
- Altera Stratix® V GX FPGA 5SGXEA7N2F45C2N
- 8 banks of 144 Mbit QDR II+ memory running at 550 MHz
- 2 banks of 8 Gb DDR3-1600 memory running at 800 MHz
- 3 x QSFP+ for 40 Gb/s or 10 Gb/s Ethernet or PCI-Express External Cabling Applications
- 2 x SFP+ for 10 Gb/s and 1 Gb/s Ethernet fiber or copper applications
- PCI Express 3.0 8x edge offering the stunning bandwidth of 64 Gb/s to the server memory

About Enyx :
Enyx is a leading developer and provider of proprietary ultra-low latency technology focused on financial markets industry. Enyx’s core value is to design and deliver the next generation of cutting-edge trading technology, while ensuring flexibility and high availability.

Enyx offers off-the-shelf solutions compatible with major FPGA platforms vendors such as PLDA and Arista Networks, as well as assisting in the integration and deployment into customer infrastructure. Its rapidly growing client base includes Stock Exchanges, ECNs, ATSs, proprietary trading firms, Investment Banks, Brokers and Investment Funds.

Trademarks:
All registered trademarks and other trademarks belong to their respective owners.For media inquiries and more information, please contact:

Media Contact for Enyx
Melanie Budden
The Realization Group
Office: +852 2290 6559
Email: communication@enyxfpga.com
www.enyxfpga.com

The post Enyx announces the release of its latest development platform based on Altera’s Stratix® V GX FPGA appeared first on Enyx.

NEW YORK – July 9, 2012 – ENYX, designing and delivering the future of trading technology; adds key US markets decoders for its FPGA based Trading Platform.

ENYX built a FPGA based Trading Platform which successfully integrates full-hardware networking, decoding, filtering and normalization features with a wire-to-software solution below 1.5 µs. Customers benefit from a single API which offers access to an increasing number of markets. ENYX’s unique “Feed Repair Technology”™ enables customers’ engines to consume high volume data feeds while ensuring every tick is carried.

The solution also accelerates order entry to the exchange. With its market leading Hardware TCP/IP TX performance of 150 ns, ENYX’s FPGA-based trading platform offers a complete solution including market data acquisition and order execution; all on the same hardware board.

“We are delighted that ENYX is now able to produce and support the major US Markets” said Brice VINCENT, CTO at ENYX. We were able to analyze, decode and build the feeds as standard on our devices within one month. This has allowed ENYX clients to enter and trade on new markets in an ultra-low latency manner, using our fast track development approach.”

Mr VINCENT added “The addition of these markets on our platform means that clients can adopt the ENYX solution securely in the knowledge that access to any FAST/FIX and binary markets is possible. We are already in development of European key markets and I look forward to announcing these in due course. “

About ENYX

ENYX is a leading developer and provider of proprietary ultra-low latency technology focused on trading. ENYX’s core value is to design and deliver the next generation of cutting-edge trading technology, while ensuring flexibility and high availability.

ENYX offers off-the-shelf solutions compatible with FPGA Platforms such as PLDA and ARISTA, as well as assisting in the integration and deployment into customer infrastructure. Its rapidly growing client base includes Stock Exchanges, ECNs, ATSs, Proprietary Trading firms, Investment Banks, Brokers and Investment Funds.

Trademarks
All registered trademarks and other trademarks belong to their respective owners.

For more information, please contact:
Brice VINCENT

The post ENYX further increases coverage with addition of major US Futures and Equities markets appeared first on Enyx.

Current ENYX turnkey solutions based on ACCELIZE FPGA platforms already enable customers to achieve sub-microsecond latency market data processing and order execution and provide orders of magnitude superior performance for algorithmic trading, as compared to conventional software-based and hybrid approaches. By providing all of the key components needed for building high-end FPGA-based solutions, ENYX and ACCELIZE are jointly defining the standards required to succeed in any FPGA-based development.

ENYX CEO Arnaud Derasse stated “ENYX is concentrating on delivering solutions with the best quality to enable the best user experience ever seen using FPGAs. This is why we are requiring the same level of quality for the hardware platforms we use. We are glad to announce this partnership today, between two companies sharing the same values and strategic view. We anticipate that the move from software to hardware in latency-sensitive domains such as finance will require a market shift to standardized and widely-used pre-integrated hardware IP cores and board solutions.”

According to Stephane Hauradou, VP of ACCELIZE “ACCELIZE creates leading FPGA network platforms, focused on providing ease of integration and a quick time-to-design for our worldwide customer base. By partnering with an innovative company like ENYX, we can bring more specialized solutions to market, in particular to the financial services industry, increasing customer satisfaction and reducing their time-to-market.”

See ACCELIZE and ENYX at SIFMA 2012:
ACCELIZE and ENYX will be presenting their combined solutions at the SIFMA Financial Services Technology Forum & Expo, booth #1850, June 19 to June 20, 2012 in New York, NY. For more information on the conference, please visit http://www.sifma.org/expo2012.

About ACCELIZE:
ACCELIZE is a leading provider of FPGA- based technology for the Financial Services Industry. Accelize’s ultra-low latency FPGA network platforms include a combination of leading edge FPGA processing cards along with a library of infrastructure intellectual property (IP), finance-specific IP, software APIs, and reference designs. These comprehensive and pre-validated trading frameworks provide an unprecedented time-to-market advantage by enabling financial institutions, including banks, hedge funds, specialized trading firms and exchanges, to concentrate on their value-add algorithms such as trading strategies, and proprietary IP.
ACCELIZE is a PLDA GROUP company, founded in 1996 and privately owned. ACCELIZE is present in North America (San Jose, CA) and in Europe (France, Italy). For more information, visit www.accelize.com.

About ENYX:
Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions, primarily for trading. Enyx’s products deliver the next generation of cutting-edge technology, while also remaining accessible and flexible. Enyx provides off-the-shelf solutions compatible with FPGA platforms such as ACCELIZE and ARISTA, and also assists in the integration and deployment of its platform into the customer’s infrastructure. Enyx’s clients include some of the leading securities market places, market data vendors, investment banks, brokers and investment funds.

The post Enyx and Accelize announce partnership appeared first on Enyx.

TORONTO – June 12, 2012 – Chi-X® Canada ATS Limited, a wholly owned subsidiary of alternative trading venue operator Chi-X®Global Holdings LLC, today announced that Enyx, a firm specializing in Hardware acceleration, now supports the Chi-X Canada market from its FPGA (field-programmable gate array)-based trading platform.

The Enyx FPGA-based trading platform is the first FPGA board-based solution to successfully integrate
full hardware networking, decoding, filtering and normalization features, with a wire-to-software solution
below 1.2 microseconds.

The solution also accelerates order entry to the ATS. With a hardware TCP/IP TX performance of 150
nanoseconds, the Enyx FPGA-based trading platform is offering an all-in-one solution that encompasses
both market data acquisition and order execution from the same hardware board.
“Chi-X Canada is delighted to work with an innovative provider like Enyx, and we remain committed to
working with vendors that can provide tools and products that enhance trading efficiencies for our
participants,” said Dan Kessous, CEO, Chi-X Canada.

“Chi-X Canada has proved to be a critical piece of Canada’s equity market structure, and we are pleased
that Chi-X Canada participants can now benefit from our FPGA-based trading platform. We remain
committed to offering a true all-in-one solution that provides market data acquisition and order execution
within the same hardware board,” said Emmanuel Pelle, Advisor for Enyx.

About Enyx
Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions,
primarily for trading. Enyx’s products deliver the next generation of cutting-edge technology, while also
remaining accessible and flexible. Enyx provides off-the-shelf solutions compatible with FPGA platforms
such as ARISTA, and also assists in the integration and deployment of its platform into the customer’s
infrastructure. Enyx’s clients include some of the leading securities market places, market data vendors,
investment banks, brokers and investment funds.

About Chi-X® Canada
Chi-X Canada is a high-performance alternative trading system (ATS) marketplace for the trading of TSX
and TSXV-listed securities from 8:30 am to 5:00 pm ET. The market, which is one of the largest ATS
platforms in Canada, offers strict price/time priority, post-trade attribution, market-agnostic smart routing,
advanced order types, trade reporting, risk management tools, historical market data, co-location and
cross connectivity services. Like all of the Chi-X Global platforms, Chi-X Canada aims to provide cost
savings to investors through trading efficiencies, ultimately helping to increase the overall market’s
volume.

The post Enyx FPGA-based Trading Platform Certified for Chi-X Canada appeared first on Enyx.

“Yann considerable experience as Quality system builder and market electronization will help to position Enyx as a reference player in the market, as well as guide the product development and quality process” said Emmanuel Pelle, Strategic Advisor.

“I am proud and excited about joining the Board of Enyx, focused on the convergence of hardware and software to achieve efficiency and speed of processing in electronic trading. With the important changes in the year to come in the technology of the OTC Market Companies like Enyx will help shaping the future of hardware based trading solutions” said Yann.

ABOUT Enyx:

Enyx is a leading developer and provider of proprietary ultra-low latency technology and solutions preliminary focused on trading. Enyx’s core value is to design products in order to deliver the next generation of cutting-edge technology, while maintaining accessibility and flexibility.

Enyx offers IP blocks compatible with FPGA Platforms aids in its integration and deployment as part of customized projects, as well as providing off-the-shelf solutions. Currently, these solutions are focused on market data acquisition from multiple and concurrent heterogeneous sources, normalization of the feed before its distribution, and order routing.

Among our clients are stock markets, market data vendors, investment banks, brokers and investment funds.

For more information, contact@enyx.fr

The post Enyx board of directors nominates new member appeared first on Enyx.