Feed Handlers
Exegy offers ultra-low latency, market data processing solutions available in both software and FPGA-based technology. Gain access to actionable, time-sensitive market data from over 300 venues through a single, normalized API.
FPGA Feed Handler
nxFeed is a feed handler which streamlines market data application development by processing data feeds on FPGA and making them available to applications via a simple, normalized API.
To learn more about our FPGA Feed Handler, click here.
Software Feed Handler
Exegy’s Software Feed Handler (SMDS) provides low latency, normalized market data with access to over 300 venues, with global coverage and support for all major asset classes. Manage increasing data rates and continual industry changes with Exegy’s SMDS.
The SMDS Solution is delivered via a single, high-performance, flexible API. All content is normalized to Exegy’s Market Data Model, reducing the time it takes for our customers to add further markets and understand venue-specific complexities.
Full support for book building of both price books and order books, along with the ability to create composite order books that give a comprehensive view of liquidity across venues, is available with Exegy’s SMDS.
Other key features include:
- vendor-neutral entitlements control and reporting system for audit compliance
- cost controls to help reduce market data expenditure
- support for native recovery mechanisms to ensure full feed resiliency
| Features | Software Feed Handler | Exegy Ticker Plant | Axiom (Consolidated Feed) |
|---|---|---|---|
| Support for 200+ market data feeds | |||
| support for global markets | |||
| support for major asset classes | |||
| universal exegy client api | |||
| DEFINE SYMBOL LIST AND ALTERNATE SYMBOL MAPPINGS | |||
| Latency profile | MICROSECONDS | MICROSECONDS | SUB-MILLISECOND |
| custom national best bid and offer calculation | |||
| custom aggregated price book calculation | |||
| custom basket net asset value calculation | |||
| Synchronous delivery of signum predictive analytics | |||
| hot-hot redundant infrastructure | |||
| cloud deployment options | |||
| deployment method | CLIENT-MANAGED SOFTWARE | ON-PREMISE, PURPOSE-BUILT APPLIANCE | FEED, CUSTOMIZED CONTENT |
| includes fpga-accelerated hardware | |||
| full exegy managed services | |||
| Learn More | Learn More | Learn More |
Interested in learning more about our FPGA-based Feed Handler?
Related Resources



Consolidated Canadian Equity Market Data Available with Axiom
Low-latency access to TMX IP now available through Exegy’s New York presence New York, St. Louis – Nov 5th, 2025 – Exegy, a leading provider of market data, trading technology…


The True Cost of Real-Time Market Data Infrastructure: Part II Summary
Field-programmable gate array (FPGA)-based market data processing delivers best-in-class performance for ultra-low latency trading environments. However, building and maintaining in-house FPGA feed handlers is unsustainable for many capital markets firms. …



Exegy Research Reveals 5x Cost Savings and 6x Faster FPGA Development vs. In-House Builds
New York, London, Paris, St. Louis – October 29, 2025 – Exegy, a leading provider of market data and trading technology for the capital markets, today released Part II of…