Simplex Consulting Releases Sub 2 Micro Ultra Low Latency DMA Solution BLAST FPGA
Simplex Consulting, Inc. headquartered in Tokyo, will release BLAST FPGA the first Ultra low latency solution for Tokyo Stock Exchange equities market system “arrowhead” . This solution will be for both domestic and foreign securities firms and available from August 2012 as stated by the CEO, Hideki Kaneko.
Mr. Kaneko added that Simplex will expand the support to other exchanges in Asia including Osaka Securities Exchange derivative market system “J-GATE”, Singapore Exchange (SGX), and Hong Kong Exchanges and Clearing (HKEx) and prioritized based on client and market demand.
As the exchanges became faster and the volume of algorithmic trading including high frequency trading grows, technology renovation is taking place where securities firm provide single digit microsecond latency using FPGA’s. At this time no solutions exist to provide latencies well below sub 2 in the Asian Markets.
“BLAST FPGA” is a solution which supports DMA (Direct Market Access) allowing securities firms to provide connectivity to exchanges from institutional investors without manual intervention.
Most trading firms & execution venues are facing latency issues; moving from milliseconds to microseconds. While progress has been made in the development and deployment of low latency trading architectures, software solutions suffer from higher intrinsic latency, degraded performance in faster markets and the need for higher server capacity.
Simplex developed BLAST FPGA by programming the business logic to a re-programmable LSI called “FPGA” (Field Programmable Gate Array) thus allowing software to be eliminated and providing execution speeds of sub 2 micro, faster than previously provided software based solutions.
Simplex has been providing multi asset based solutions since 2004 to major firms leveraging the latest proprietary architecture. In Japan, 9 out of 10 major securities companies uses Simplex products.