HKEX Hosting Data Centre
Low-Latency Market Data
Low-Latency Tick-by-Tick Market Data
OMD-C and OMD-D raw market data is received at the exchange data centre and distributed through layer 1 switches.
- Sub-4ns data passthrough and distribution
- Data mirroring and regeneration with near-zero performance jitter
Local Low-Latency Market Data
FPGA hardware processes raw exchange market data and transmits it through the PCIe layer for low-latency, high-throughput processing.
FPGA Technology
- Fully hardware-based processing, unaffected by machine performance
- Self-developed FPGA boards with scalable architecture
Ultra-Low Latency
- End-to-end market data latency of 148ns
- Supports link-level acceleration and order book construction
High Concurrency
- Million-level message throughput with zero jitter
- Multi-channel parallel multicast publishing
Hardware Timestamp
- Nanosecond-level hardware timestamps with layer 1.5 switches
- Parallel hardware timestamping across multiple physical channels
Low-Latency Trading
Low-latency trading system for The Stock Exchange of Hong Kong
- FPGA hardware with API and raw protocol access
- 338 ns latency, 1ns jitter, and 100k orders/s
- Hardware-software order management and pre-trade risk control
- Supports all products listed on The Stock Exchange of Hong Kong
These are product technical specifications. Actual performance may vary with hardware configuration, network environment, exchange connectivity, and market conditions.
HKEX Hosting / Co-location
Panda Securities has leased co-location space at the HKEX data centre, providing strategy server hosting combined with low-latency market data and trading connections.