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title: Vela, Enyx Partner on FPGA Technology
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 04.30.2019

 By Terry Flanagan

 Electronic Trading

# Vela, Enyx Partner on FPGA Technology

 04.30.2019 By Terry Flanagan

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**Leveraging Enyx’s FPGA-enabled technology within Vela’s electronic trading stack**

 New York, Chicago, London, Paris – April 30, 2019 – [Vela](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFEMl3vE3I_Ifbip6gHPYplTgCUzuNpewsbWUsAzhGRQ_wpMQaIWNW9SG235hOi8AZVJf9mOq8LM_33a0ZnqryxfLC0U8fTA_yQ==&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==), a leading independent provider of trading and [market access technology](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-zKuz9vUO679TYw9BjrTk6MyELFlXfhjs9da2mLmVPUZAmiljF1uE0648H-YuS-T3iabHIu7XOBWKp_ygZBNsI430bcw4C96LZt4ONHrwWsbIYPrhIwta5P5ZsGn4-foYVm6Q_0xvugs=&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==) for global multi-asset electronic trading, and [Enyx](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFKE0QomgaN2RPqk0FCP5Z18jlu6Ar8gsBubeTI-D7mB63uTy0USWdy_7AgieOvcnCaA7CLQZt_MtnSJcjn6gvAk=&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==), a leading developer and provider of ultra-low latency technologies and solutions for the financial industry, today announced a partnership to provide Vela clients with access to Enyx’s FPGA-based technology, initially focused on ultra-low latency market data solutions.

 The two firms have successfully completed a Proof of Concept integrating the Enyx nxFeed, an ultra-low latency [FPGA-enabled feed handler](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-sHcoCN7KKWQa1AUzNhsBL8VtJH95DjrqC0FusjBAHDNSiKPs-AE1GEe7MUjBbQkxRowUClw0vS1d4o0u0p-9PA==&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==), into Vela’s award-winning software-based feed handlers to deliver wire-speed performance and jitter-free determinism at scale through a single, normalized API to access global markets. This allows Vela’s existing and future feed handler clients to leverage the improved performance of Enyx’s FPGA-powered solutions without the need for further integration effort as it is provided through Vela’s existing API that already supports over 250 venues.

 The partnership aims to deliver a best-of-breed hardware and software solution to clients that need market-leading latency and performance as well as global scale and coverage from their latency-sensitive trading applications. The two companies will work together to identify opportunities to bring the technology to market through Vela’s range of [market data](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-k8HBKPHMt-uxPqPTeUP0XmppcP-I9G6GuNhzw9wDHz_Imu5_q7zbC8J-tf6o55lnwHTqCa2fAZwE1tlqekVvizlcaQ2NRSCmhks7CPkFoLO7HJ46lc1bxz-jQcxBzbPOQHVt6eJfDXQ=&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==), [execution](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-n7Z1wdye9HwqHw27eJ2FtBWQeo-c9UiOBhJDwyXvCtsjGSXLEbnt-ZGPE2X97qnVJelQuAevOx0HUl6zegyp4nel_bGLlWAtdJGXVN5gWXJg-NR-Iur6z-FrXKLXHLmpQE4XxWiHVGg=&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==), and [automated trading](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-kLCUum8ddzQTTyr-ql90R-Pa6y0pVBQ_2ddzwemAShV_bfDy-CDKVUkebakPBwjnM1qWQRRUgSM2K63hc99kBUKftBk7cpQHV7h6Zz78GKrkhX2URW5BcjFHatZP8n_M2aD9AYnNd9c=&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==) products.

 Ollie Cadman, Global Head of Product Management and Business Operations at Vela, commented, “This partnership with Enyx aligns with our strategy to provide global clients with a suite of modular components that support the [full electronic trading ecosystem](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-CNkd1wRgHvr7eL3uo4iKGNHCccPb-zr8eHpdlnf-AxmvJVDYGO3LkFmb_pxXsEli89e0t7m44yg1SvpWZ_rjJQ==&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==).” Adding, “As we continue to innovate and enhance our products, our focus is always on delivering the best possible solutions that support the business requirements of our clients and the markets in which they operate. By joining forces with Enyx, our clients have access to a powerful and fully-integrated technology solution that meets their need for speed in electronic trading markets.”

 Laurent de Barry, Founder & Managing Director, Trading Solutions at Enyx, says, “We are delighted to be working with Vela as Enyx continues to focus on providing clients with flexible and transparent high performance solutions for their latency sensitive trading strategies. Leveraging our FPGA-enabled solutions to accelerate and enhance Vela’s market data offering is only the first step.” Adding, “We expect that the integration of nxFeed into the Vela feed handlers will be the first of many opportunities to further enhance the [ultra-low latency solutions](http://r20.rs6.net/tn.jsp?f=001TzJT5WIgOgL_889_LQ726hQm7DHmEX-CWhu_llbzq5BO0GuQbXeOFCYUTT2O3Tn-bhIFh1Z3_W4FDCwrwnLqV6eD9sDwKIZk7uF16U98vfiFQwzIyyv8XDrYLNPC7V2dOK_HKEUloKGFJ25P8xFp3k76aK3exHHA&c=KgaavLlYOeXvtXVZfPJedLz4x3cOvnXiiPCve_RCLqbDoOevJkJ_Lw==&ch=OLQKGQZuZRd0ZeSK3r9rWswpHOIEy5yU1x8ZmBFFb_PY9H-GEGqy1w==) being delivered to Vela clients.”

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