St. Louis, MO, New York, NY – May 5, 2022 — Exegy’s Xero Volatility Engine (VTE), an ultra-low latency hardware trading platform, was named Best New Product at the 10th Annual Markets Choice Awards.
Xero VTE leverages field-programmable gate array (FPGA) technology to execute trading algorithms in less than 120 nanoseconds. The turnkey product provides a complete suite of algorithms for mass quoting, aggressing, and canceling for derivatives market making and proprietary trading.
“We are honored that the Markets Choice Awards recognized the unique value that Xero VTE offers,” said Craig Schachter, Chief Revenue Officer at Exegy. “Volatility trading and derivatives market making are among the most demanding arenas in which to trade, and Xero enables firms of all sizes the speed and capacity to excel.”
The Markets Choice Awards, presented by Markets Media, recognizes the best offerings in trading, execution, exchanges and trading platforms, technology providers, and emerging fintech firms. The group’s nomination and selection process keeps the focus on the opinions of market participants, via online voting by the Markets Media community.
About Exegy, Inc.
Exegy is a global leader in low-latency market data, execution technology, trading platforms, and predictive signals. Backed by Marlin Equity Partners, Exegy serves as a strategic partner to the complete ecosystem of the buy side, sell side, exchanges, and ISV/technology firms around the globe. At the heart of Exegy solutions are fully managed, high-performance, and scalable solutions powered by purpose-built appliances, hardware acceleration, artificial intelligence, enterprise software, and service automation technologies derived from our extensive patent portfolio. Headquartered in St. Louis with regional offices in the US, EMEA, and Asia-Pacific regions, Exegy has the global footprint to deliver world-class support and managed services to its customer base. For more information, follow Exegy on LinkedIn and Twitter.