New Record Set by Exegy & AMD With Up To 49% Faster Tick-To-Trade Execution
Exegy, a leading developer of high-performance trading solutions for capital markets, in collaboration with AMD, announced a record-breaking actionable latency of up to 13.9 ns for the execution of a trade in the latest STAC T0 report. This was achieved using an off-the-shelf solution with an asynchronous implementation for the critical path of the algorithm and network stack. With up to a 49% latency reduction, this is the lowest tick-to-trade (the time it takes for an order to be sent to the exchange in response to a market data update) latency performance of any published STAC-T0 benchmark. According to their statement, Exegy is the only capital markets technology provider offering a comprehensive FPGA development framework specifically designed for ultra-low latency financial applications. This is achieved through providing the standardization needed to build an FPGA-based trading platform, enabling developers to focus on optimizing their core business logic. Exegy is unique in offering a combination of reference designs, expertise, and support, allowing firms to reduce time-to-production when developing ultra-low latency trading systems.