Maxeler Technologies has launched a platform that will enable banks to implement ultra-low latency trading algorithms in hardware with fewer specialist resources.
The HPC solutions provider said that hardware-based algorithms enable complex trading strategies to gain tick-to-trade performance of a few microseconds.
"Previously, hardware solutions have required specialist hard-to-find teams and complex, multi-year projects to deploy successfully," said Oskar Mencer, CEO of Maxeler.
"Maxeler's MPT provides an integrated software/hardware development environment, exchange connectivity and data centre-ready trading platforms. This removes the need for specialist teams and brings ultra-low latency technology to a wider audience than ever before."
The platform consists of a component called the MaxCompilerMPT, which Maxeler said automatically applies optimisations previously implausible in hand-coded designs. It also allows developers to further refine and optimise their code with detailed performance and resource feedback.
Meanwhile, development is also made faster due to Simulated Dataflow Engines in the platform that allow programmers to work in an all-software environment.
Maxeler provides exchange support to Eurex, NYSE, NASDAQ and CME. It also supplies an FPGA-based supercomputer solution to JP Morgan, which allows the bank to significantly speed up its fixed-income trading operations.