Exegy and LDA Technologies Partner to Deliver Exegy Nexus, a High-Density FPGA Appliance with Embedded Layer 1 for Deterministic Market Data Processing
New York, London, Paris, St. Louis – October 7, 2025 – Exegy, a leading provider of market data, trading technology, and managed services for the capital markets, today celebrates its partnership with LDA Technologies (LDA) in co-developing Exegy Nexus, a unique, custom-engineered appliance. Designed to centralize and scale market data processing while reducing server count and power consumption, Nexus combines FPGA acceleration with embedded Layer 1 switching to deliver deterministic sub-microsecond latency, high-throughput feed handling, and high-density performance in a single managed platform.
“At LDA, we’ve built our reputation on delivering high-density, high-performance FPGA systems. When Exegy approached us with requirements for the Nexus device, our engineers designed a new architecture from the ground up to deliver the scalability and deterministic performance their platform demanded — all in a compact and efficient form factor. Collaborations like this one, with partners such as Exegy, push the boundaries of what’s possible and drive innovation across our industry.” – Vahan Sardaryan, Co-Founder and CEO, LDA Technologies
Exegy Nexus was further shaped by input from global banks, brokers, hedge funds, and market makers to ensure the platform addresses real-world trading infrastructure challenges.
Key Technical Highlights of Exegy Nexus
- Chassis – 1U or 2U rackmount supporting different density configurations
- FPGA Acceleration – Supports up to 8 PCIe FPGA accelerator cards for market data processing and execution
- High-density compute – High core count, single socket AMD Turin platform for scalable software processing
- L1 Connectivity – Embedded Layer 1 Ethernet crosspoint for low-latency connectivity and highly flexible throughput
- Versatility – Dedicated network interfaces for non-latency sensitive connectivity and self-testing automation
“While Exegy’s core expertise lies in developing and managing market data and execution solutions, our collaboration with LDA ensured the Nexus hardware platform not only delivers leading performance and advanced capabilities but also simplifies development into production for our customers.”— Laurent de Barry, Chief Product Officer, Exegy
Nexus is available for order immediately, with production delivery beginning in Q4 2025.
Editorial contacts:
John Norris / Alice Jiga / Chrissa Diakanastasis
Moonlight IQ
Email: exegy@moonlightiq.com
Tel: +44 (0) 20 7250 4770
About Exegy Inc.
Exegy is a global leader in low-latency market data, trading, and execution technology, delivering innovative, end-to-end solutions that power the world’s capital markets. Backed by Marlin Equity Partners, Exegy delivers comprehensive, end-to-end infrastructure solutions to a broad spectrum of market participants, including buy-side and sell-side institutions, trading venues, and independent software vendors.
Designed for scalability, resilience, and operational efficiency, Exegy’s high-performance solutions leverage fully managed, purpose-built appliances, FPGA-accelerated systems, and advanced enterprise software. As the only global provider offering a full spectrum of latency solutions, Exegy enables clients to optimize performance, reduce complexity, and gain a strategic advantage in today’s complex trading landscape.
With a client-centric approach and a commitment to continuous innovation, Exegy’s global team delivers expert solutions tailored to meet the evolving needs of the financial industry.
For more information, visit exegy.com.
About LDA Technologies:
LDA Technologies is the leading provider of cutting-edge technology in the ultra-low latency, networking and FPGA spaces. Backed by 20+ years of research and development, the company offers next-generation, high-performance off-the-shelf products and consultancy services, helping clients gain a competitive advantage.
Formed in 2010, LDA Technologies is an independent, agile and flexible business developing innovative technology for HPC and Capital Markets., The company is headquartered in Mississauga, Canada. LDA’s team has extensive knowledge and years of experience designing products for industries such as networking, information security, and trading.
Learn more at www.ldatech.com and follow us on LinkedIn.
