SOLARFLARE AND LDA TECHNOLOGIES HARNESS THE POWER OF XILINX FPGAs TO ACHIEVE BREAKTHROUGH PERFORMANCE IN ELECTRONIC TRADING
Best-in-class "tick-to-trade" latency slashed from 250 nanoseconds to 120 nanoseconds
IRVINE, CA and MISSISSAUGA, ON—May 3, 2017 —Solarflare, a global leader in networking solutions for modern data centers, and LDA Technologies, an FPGA product development firm, today announced a joint solution for reducing trading time. The solution delivers a significant improvement in tick-to-trade latency to radically improve the queue position of trades, and dramatically increase the probability that trades will be executed. The joint solution consists of one Solarflare software-defined NIC managing multiple Xilinx Kintex® UltraScale™ FPGAs running LDA Lightspeed TCP™ core. The solution is available today with Solarflare XtremeScale NICs.
“Orders are typically executed in a first-in, first-out manner. Also, there is a clear relationship between an order’s position in the queue for best bid or best ask, and its successful execution” said Rob D’Arco, CEO, Rival Systems. “So, anytime we possess a 2x faster tick-to-trade time, we’re trading with a massive competitive advantage.”
According to Ahmet Houssein, Vice President of Marketing at Solarflare, “The mission of electronic trading operations is to seize opportunities lasting only fractions of seconds. Who wins and who loses is determined by how fast a trader can digest a market feed and place orders. Our benchmark for network performance is Tick-to-Trade latency, which is the time interval between receiving a market Tick showing an opportunity to an algorithm, and sending the Buy/Sell order.”
Xilinx Kintex UltraScale FPGAs Make Distributed TCP and Tick-to-Trade in 120 Nanoseconds Possible
For many years, NICs with Kernel Bypass have been used to connect trading application servers to Ethernet networks. Solarflare and LDA achieve breakthrough performance by adding to the processing power of NICs, and by implementing a hyper-efficient TCP stack in an FPGA. Additional processing power is added with Xilinx Kintex UltraScale FPGAs, while an innovative technique called “Delegated TCP send” uniquely delivers lower latency by using several parallel TCP connections. The new class of distributed solutions for TCP was co-developed by combining the LDA Lightspeed TCP IP Core, which can run on multiple Xilinx FPGA-based boards, with the Delegated Sends feature available with Onload™-enabled Solarflare network adapters to manage and maintain TCP connections.
According to Manoj Roge, Director, Data Center Strategy and Marketing, “Xilinx UltraScale FPGAs provide the highest frequency and lowest latency reprogrammable platforms, and are ideal for high-frequency trading applications. The results achieved by Solarflare and LDA using these devices clearly demonstrate this value.”
About LDA Technologies
LDA is a group of leading engineers that have been working together in various companies and on numerous projects spanning across multiple industries. A highly experienced and efficient team that formed over 15 years ago, well before the LDA itself, and that has extensive knowledge and years of experience designing products for different industries such as networking, information security, and trading. Learn more at www.ldatech.com.
Solarflare is pioneering server connectivity for neural-class networks. From silicon to firmware to software, Solarflare provides a comprehensive, integrated set of technologies for distributed, ultra-scale, software-defined datacenters.
The Solarflare XtremeScale Architecture is a design framework which includes a comprehensive suite of features for ultra-scale environments: High-bandwidth, ultra-low-latency, ultra-scale connectivity, software defined, secure with hardware firewalls, and instrumented for line-speed telemetry.
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.
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