FPGA adoption surging
Industry roundtables and podcasts are flagging a renewed push to put deterministic trading logic onto FPGAs to reach wire-to-wire microsecond latencies and tighter predictability — not just raw speed but control at the nanosecond level source. Firms are pairing FPGAs with specialized switches and nanosecond telemetry as the next frontier for sub-millisecond competitive edges source.
Exegy and AMD reportedexegy.com a record 13.9 ns "actionable latency" in the STAC‑T0 tick‑to‑trade benchmark. The STAC testbed used an AMD Alveo UL3524 accelerator running Exegy's nxFramework alongside an Arista 7130 device, according to the STAC report. docs.stacresearch.com Arista's 7130LS FPGA‑enabled layer‑1+ switch advertises 5 ns switching latency and an onboard FPGA for inline packet processing. arista.com Arista's MetaWatch telemetry was included in the Exegy/AMD STAC instrumentation for precise timestamping. docs.stacresearch.com Napatech reported Q4‑2025 revenues of $7.9M, up 48% versus Q4‑2024, reflecting increased demand for FPGA SmartNICs in latency‑sensitive markets. live.euronext.com IPC announced a global distribution partnership with Vsense on January 21, 2026 to deliver FPGA‑powered trading infrastructure to buy‑side and sell‑side firms. ipc.com Exegy has productized FPGA appliances — the Nexus 2U appliance is described in vendor coverage as providing sub‑300 ns tick‑to‑trade performance for market‑making use cases. crowdfundinsider.com Design Gateway and other vendors are releasing FPGA IP to accelerate Nasdaq ITCH/OUCH parsing and nanosecond‑class telemetry ingestion into hardware pipelines. dgway.com
