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,”
“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.
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.
About Chi-X® Global
Owned by a consortium of major financial institutions, Chi-X Global operates Chi-X Australia, Chi-X Canada and Chi-X Japan. Its Chi-Tech technology services unit provides technology to its business lines and its Chi-FX platform is planned for launch in Brazil during Q4 2012 in a venture with BM&FBOVESPA.