NovaSparks Adds SIP FPGA Handler
NovaSparks has added support for Nasdaq's two Securities Information Processor feeds.
The consolidated SIP feeds provide Best Bid and Offer and National Best Bid and Offer information for all US equity markets, in addition to displaying regulatory information. With the addition of the SIP feeds, banks and trading firms can leverage NovaSparks’ feed handlers to complement their NovaTick direct feed deployment and disseminate regulatory information, including the Limit Up/Limit Down price bands, short sale restrictions, and regulatory halts.
“Our feed handlers already support all 12 US equity protected market direct feeds. With the addition of SIP, our customers now have access to this important element of an enterprise trading equity infrastructure,” says Luc Burgun, chief executive of NovaSparks, in a statement.
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