North American Investment Bank Selects Exegy Nexus™ to Power Ultra-Low Latency Market Making
ST. Louis, New York, London, Paris — November 19, 2025 — Exegy, a leading provider of market data and trading technology for capital markets, today announced that a North American investment bank has signed a multi-year agreement to deploy Exegy Nexus™, the company’s FPGA-powered market-data appliance designed for ultra-low-latency trading environments.
The bank will use Exegy Nexus™ to process all direct and SIP feeds for U.S. equities for its market-making operations, delivering nanosecond-class performance with deterministic behavior under load. The Nexus 2U appliance will augment the firm’s existing estate of Exegy nxAccess FPGA trading platforms that provide sub-300 nanoseconds tick-to-trade latency. The expanded environment will leverage the Nexus appliance’s embedded Layer 1 switch to forward raw and normalized data directly to trading and execution systems with ultra-low latency, including FPGA-based network interface cards (NICs).
“Firms across the industry are looking for ways to simplify the deployment of high-performance infrastructure without sacrificing latency,” said Laurent de Barry, Chief Product Officer at Exegy. “Nexus delivers a complete and compact FPGA-based platform that streamlines large-scale latency-critical applications today and lays the foundation for other business units to access the same high-speed data infrastructure in the future. In the long term, it’s about scaling performance across the enterprise, not just one trading desk.”
Unlike conventional hardware solutions that can be difficult to deploy and scale, Exegy Nexus™ combines FPGA performance, intelligent software control, and embedded switching technology within a single system. This integrated design simplifies configuration, accelerates deployment, and enables efficient scaling while achieving optimal latency performance. Delivered as a fully managed solution, Nexus is backed by Exegy’s global team of experts that provide 24×7 monitoring and operational support, exchange-driven change management, proactive estate management, and access to ongoing performance optimization.“By adopting Nexus, the bank joins a growing number of financial institutions modernizing their trading infrastructure with FPGA-powered, software-flexible solutions that efficiently scale without compromising speed,” said de Barry. “As a managed solution, Nexus allows us to actively support clients in day-to-day operations while extending its benefits far beyond market making. From institutional brokerage algos to smart order routers and even trading-venue matching engines, Nexus addresses common challenges facing firms across the industry. It represents the next generation of performance infrastructure for the entire electronic trading ecosystem.”
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Editorial contacts:
John Norris / 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.
