Impulse Accelerated Technologies developed a FPGA-based financial feed and network packet parsing solution to Athena Capital Research LLC, a quantitative investment manager based in New York City. Impulse offers customer-programmable feed handling solutions for use in automated trading, arbitrage and real-time analytics. FPGAs are increasingly finding their way into financial feed management operations due to their inherently deterministic behavior and ability to support ultra-low latency and reduced power consumption relative to software-based solutions.
Impulse Xilinx or Altera FPGA-based feed handling systems include customer-programmable elements, optimized network and host processor I/O, and integration into a customer selected server. Upon receipt of the system, the customer uses Impulse C-to-FPGA software to reprogram the Xilinx or Altera FPGA, inserting their strategy into the provided reference design. Impulse software tools allow developers to modify and manage their strategy using standard C programming and debugging approaches.
The customizable feed parsing system can be configured to scan an incoming financial feed, using a direct low-latency hardware network interface, and poll for specific market data. The resulting filtered feed data can be sent back out via a second hardware network interface, or passed to the host processor via a PCI Express or other interface. Sample UDP parsing handlers are available for single packet inspection.
Impulse systems include choice of commercial FPGA hardware, a customized HDL infrastructure, Impulse C-to-FPGA software, a reference design and documentation. Prices start at $90,000 and carry no run time royalty or monthly leasing fees.
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