Vela Trading Systems Gives Users Access to Enyx FPGA-Based Feed Handlers

Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, and Enyx, a developer and provider of ultra-low latency technologies and solutions for the financial industry, announced a partnership to provide Vela clients with access to Enyx’s FPGA-based technology, initially focused on ultra-low latency market data solutions. The two firms have completed a Proof of Concept, integrating the Enyx nxFeed, an ultra-low latency FPGA-enabled feed handler, into Vela’s software-based feed handlers to deliver wire-speed performance and jitter-free determinism at scale through a single, normalized API to access global markets. This allows Vela’s existing and future feed handler clients to leverage the improved performance of Enyx’s FPGA-powered solutions without the need for further integration effort as it is provided through Vela’s existing API that already supports over 250 venues.