In the race to near zero, the companies make nanosecond performance the new normal
IRVINE, CA—May 7, 2018—Solarflare and LDA Technologies, partners who recently achieved a world-record 98-nanosecond tick-to-trade network latency based on the I/O in a STAC-T0™ benchmark, are at it again. The companies announced the CME (Chicago Mercantile Exchange) Tick-To-Trade Solution and Xilinx MPSoC-based Generic Risk Check Framework, both providing nanosecond latency to traders integrating the products into their environments.
“These new products represent two milestones for the industry,” said Vahan Sardaryan, Co-Founder of LDA Technologies. “Significantly lower latency than competitive Tick-to-Trade FPGA solutions, and an efficient way to migrate Risk Checking software to nanosecond FPGA performance.”
According to Ahmet Houssein, Vice President of Marketing at Solarflare, “Electronic trading environments include a variety of software components that can be accelerated with FPGAs using technology from Solarflare and LDA. Traders can expect more solutions based on our partnership in the near future.”
LDA Technologies CME Tick-To-Trade Solution
The CME Tick-To-Trade Solution incorporates the record-breaking LightSpeed TCP Offload Engine, an ultra-low latency CME MDP3 feed handler with A/B line arbitration, and an order triggering system. The solution allows customers to present a broad range of conditions which trigger FIX messages to be sent to the exchange. The actionable tick-to-trade latencies (as defined by the STAC-T0™ framework) are as low as 120-300ns depending on the triggering of specific conditions. In addition to automatic triggering, the FPGA-accelerated FIX gateway provides significant latency improvement to the software components of the trading systems.
LDA Technologies Risk Check Framework
The Risk Check Framework executes on FPGA boards with multiprocessor system-on-chips (MPSoCs) from various LDA partners. Both Send and Receive TCP Offload Engines, as well as the processor-to-FPGA two-way interconnect, are all included in the framework. The total base latency introduced by the framework is only 180ns which allows wire-to-wire latency as low as 300-400ns on most stock market binary protocols with moderately complex risk computation algorithms. The API provided will enable customers to quickly implement their risk check logic on a CPU with instant compile times and extensive debug tools, making this an open, software-driven solution.
About LDA Technologies
LDA Technologies is product design and manufacturing firm specializing in ultra-low-latency FPGA-based products for multiple industries such as networking, information security, trading, and HPC.
LDA product offerings span from FPGA board enclosures to specialized IP Cores, from standalone solutions to FPGA development frameworks. Each LDA product is a building block within a bigger system that can be used separately or in conjunction with others.
LDA Technologies is a privately held company founded in 2010 and headquartered in Greater Toronto Area, Canada. For more information visit www.ldatech.com.
Solarflare solutions have earned a sterling reputation in financial services and are used by virtually every major global exchange, commercial bank and hedge fund. This exacting, regulated performance uniquely qualifies our solutions for use in ultra-scale applications in IoT, big data and artificial intelligence where low latency, robust security, and insightful telemetrics are critical.
Solarflare solutions are available from leading distributors and value-added resellers, as well as from major global manufacturers. Solarflare is headquartered in Irvine, California, and operates R&D facilities in Cambridge, UK and New Delhi, India.