Credit Suisse and Celoxica, providers of ultra-low latency trading and market data solutions,have announced a strategic relationship whereby Celoxica will provide hardware accelerated trading and market data technology for Credit Suisse's next generation electronic trading platform. The two firms have agreed to implement and develop both existing market data solutions and new infrastructures to help address the growing need for high volume, deterministic trade processing capabilities as global markets continue to grow exponentially.
"We are delighted to be selected by Credit Suisse for such an important programme," said Lee Staines, Celoxica's CEO. "We view this as further validation of our vision and goal to deliver the fastest, most consistent, high performance products to the advanced trading community by applying hardware acceleration to trading and market data solutions. Furthermore, this will enable us to accelerate the development of our product roadmap and expand our global reach".