The nxAccess Trading Engine by Enyx is a sophisticated trading platform equipped with FPGA algo sandboxes, preloading hardware orders to facilitate ultra-low latency trading operations. It uniquely balances hardware efficiency and software adaptability, catering to market making and arbitrage strategies that demand high performance with cost-efficiency. The system includes both hardware and software pathways for sending orders, ensuring flexibility and performance.
In nxAccess, operations such as preloading, triggering, updating, and sending orders are streamlined through hardware, maintaining deterministic performance. This enables users to preload orders in preparation for market data arrivals, quickly adapting to market moves. The tool is geared towards boosting the strategies without intensive investment in FPGA technology.
Moreover, its execution engine can handle both market data internally and externally, providing dual pathways to manage latency-sensitive logic in hardware while handling complex transactions in the software. The innovative design of nxAccess allows firms to engage in high-frequency trading with maximum efficiency and minimal delays.