CHICAGO & CHAPEL HILL, N.C.--(BUSINESS WIRE)--Blue Trading Systems, a leading provider of derivatives trading and risk analytics software, and Celoxica, a Field-Programmable Gate Array (FPGA) market access company, today announced BTS Spark Powered by Celoxica, a joint venture combining Celoxica’s deterministic FPGA feed handlers and market gateways with Blue’s new futures spreader BTS Spark.
BTS was impressed with Celoxica’s well-regarded position in the market, and recognized their solution's performance advantages and breadth of market coverage, including 65 major venues, as a perfect fit. Ensuring the most predictable market data for algorithmic and automated trading; Celoxica provides normalized data structure to trading applications with a single API integration.
“We are pleased to work with Celoxica, who shares our commitment to engineering excellence. Expanding our market connectivity under this partnership significantly broadens our potential market,” said Taha Afzal, Managing Partner at Blue Trading Systems. “Our hardware-accelerated version of BTS Spark was built to answer futures traders’ calls for a solution that better serves their needs. We expect it to become popular very quickly.”
BTS Spark clients will experience far less market data jitter through lower, deterministic latencies, and superior overall trading performance. The offering includes a low-latency spreader and a front-end User Interface with API access. Written in C++ for minimal latency, the solution can be collocated on private or shared servers.
“We look to partner with first rate technology providers such as Blue Trading Systems to bring enhanced solutions to the market,” said Kevin O’Connor, VP Sales, North America at Celoxica. “And with Celoxica now powering BTS Spark, we can combine best of breed products to deliver a truly unique Futures trading platform either directly to clients, or via a fully managed service.”
Blue Trading Systems and Celoxica will be at FIA Expo in Booth 1013 where you can demo our new BTS Spark product. We know the game is changing and will help you make your move.
About Blue Trading Systems
Blue Trading Systems enhances trading strategies and accelerates quoting times with low latency, versatile, software solutions. Our feature updates are seamless, our customer service is responsive and we link our success to our clients’ success. With our game-changing technology, our clients maintain their competitive edge in the derivatives space.
Celoxica is a leading provider of hardware accelerated low-footprint, ultra low latency market data, order entry and risk trading solutions for the global financial services industry. Headquartered in the UK with offices in Chicago, New York and Paris, Celoxica delivers trading solutions to automated trading firms, banks and brokers seeking to optimize the performance of their trading applications across multiple asset classes in all market conditions, whilst reducing their total cost of ownership.