xCelor and CIARA Announce Strategic Partnership

Collaboration Provides HFTs Book Building Solution to Connect Direct to Exchanges Using the ORION HFT Server

xCelor, a leading provider of low-latency trading solutions today announced its partnership with CIARA, a global tech company specializing in the design of bleeding edge, overclocked ORION HFT servers. This collaboration integrates xCelor’s FPGA-based market feed handler PCIe adapters with book building into CIARA’s high-performance, low-latency ORION HFT servers. This integration reduces line-rate processing eliminating traditional long tails.

xCelor’s and CIARA’s collaboration provides a solution to the increasing volume of market data high-frequency traders (HFT) require to place their orders as fast as possible. An integrated SKU provides a plug-and-play solution for traders looking to reduce engineering and CAPEX. This co-innovation provides a single, low-latency solution with a market data feed handler and book building in a server directly connected to the exchange or through the xCelor’s XPM1/XPM3 switches.

“We chose to partner with xCelor, to provide an integrated market data feed handler and book building based on our ORION HF accelerated HFT server line. This collaboration enables our customers to bypass unnecessary development and integration costs and immediately obtain the lowest latency possible,” said Patrick Scateni, Vice President, Sales and Marketing, CIARA.

When using ORION HF servers, users will benefit by leveraging low latency with a plug-and-play solution that includes:

• An FPGA-based, tick-to-trade, low-latency server;
• A normalized order book with efficient interface;
• Support for major stock markets, including: CME, NASDAQ, NYSE, BATS;
• Support for symbol filtering and maintaining the order book.

“We are very pleased with our strategic partnership with CIARA. The company’s expertise in mission-critical IT and high-performance computing has enabled us to open up a new channel continuing our commitment to optimize trading performance,” said Vijay Aggarwal, CEO, xCelor. “Our goal with our partners like CIARA is to develop industry-leading solutions that overcome today’s market challenges, while addressing customers’ specific business requirements.”