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History of Exegy

Building on
Continued Innovation

Exegy was created to commercialize hardware-accelerated computing technology developed at the School of Engineering at Washington University in St. Louis. The company used field-programmable gate array (FPGA) technology to develop ticker plants—appliances that normalize, enrich, and filter real-time financial market data. Continued product improvements have led to over 150 domestic and international patents.

In 2021, with the backing of Marlin Equity Partners, Exegy merged with Vela Trading Systems LLC. Operating as Exegy, Inc., the combined company is a dominant provider of premier data and execution platforms, along with managed services for electronic trading powered by proprietary hardware-acceleration, Artificial Intelligence (AI), and service automation technologies. 

In addition to technical innovation, we recognized the need for industry support in capacity planning, partnering with the Financial Information Forum (FIF) to publish real-time measurements of market data feed rates. Our output, MarketDataPeaks, encourages more robust design of trading infrastructure and electronic markets overall.

Who we are

Leading the Way in Democratizing Capital Markets Technology

Throughout its history, Exegy has consistently disrupted the financial markets technology space by making game-changing innovations more commercially available.

Ever since the 2006 launch of the Exegy Ticker Plant, our engineers and data scientists have enabled firms of all sizes to compete in markets that once were open only to large market players with extensive R&D budgets.

With the expansion and integration of our product portfolio, Exegy can meet firms’ existing needs and scale up as they grow and their strategies change. Our managed services approach ensures that as we focus on maintaining your infrastructure, your resources can be put to better use—accelerating growth.

The capital markets and engineering innovators who lead Exegy are committed to continuing this process of disruption and democratization.

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175
Patents since 2003
25%
Employees have been at Exegy for a decade or more
29%
Employees have advanced degrees

Strategic Partners

Partnering with Industry Leaders

Our strategic partnerships with world-class customers and industry leaders have fueled our culture of innovation. We work with the industry’s leading hosting, trading, database, and hardware providers to build seamless solutions that help firms optimize their market data infrastructure.

Ready to join our team? Learn more about career opportunities at Exegy.

Resources

On top of every tick.

what is OPRA (options pricing reporting authority)

What Is Options Price Reporting Authority (OPRA)?

The Options Price Reporting Authority (OPRA) is the U.S. system that consolidates and distributes options market data from all U.S.-listed options exchanges. In practical terms, it gathers quotation (bid/offer) and…

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Options Market Data Costs: The Real Price of Running OPRA at Scale

The true costs of options are not reflected in the low exchange fees. This article outlines the infrastructure and network costs of options market data.

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Preparing For The OPRA Expansion: What’s Changed

As firms prepare for OPRA’s expansion to 96-channel distribution, Exegy can help craft the best solution for this and future OPRA challenges.

Press Releases

Exegy and Strands Partner to Launch Comprehensive Institutional-Grade Prediction Market and Digital Asset Data Feed 

Strategic partnership adds real-time prediction market, digital asset, and smart contract data from centralized and DeFi venues to the global coverage of Axiom’s consolidated service.

Exegy’s Axiom Wins for Best Cloud-Based Market Data Delivery 

Exegy’s Axiom recognized as the Best Cloud-Based Market Data Delivery Solution at the 2026 TradingTech Insight Awards Europe. Discover how our fully-managed cloud service is removing barriers to institutional-grade, low-latency market data.