Ultra-low latency trading on AMD Alveo

AAT-ITCH/OUCH

FPGA-based trading platform delivers a deterministic, ultra-low-latency pipeline fully compatible with ITCH and OUCH protocols. Built on the X3522-PV and powered by Design Gateway's Low-Latency Ethernet IP, the system accelerates ITCH market-data decoding and OUCH order-entry generation directly in hardware, alongside Ethernet and TCP/UDP offload.

Product Overview

This unified FPGA pipeline eliminates software jitter, reduces CPU load, and ensures consistent tick-to-trade performance during high-volume market bursts. Custom trading logic can be integrated quickly through an HLS/C++ module with sample PCAPs, replay tools, and reference algorithms.

System Block Diagram

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A Complete View of AAT-ITCH/OUCH on FPGA

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Feature

Network

Hardware-Accelerated Network & Market Protocols

The platform consolidates all critical networking and market-protocol handling directly inside the FPGA to deliver predictable, low-latency performance.

Low-Latency Ethernet engine for wire-speed packet processing

TCP/UDP handled in hardware, avoiding kernel and driver overhead

ITCH decoder with integrated orderbook construction

OUCH order-entry formatter for immediate order submission

Support for SoupBinTCP and MoldUDP64 across major exchanges

Built-in heartbeat and session-state logic for stable connectivity

Market State

Robust Market-State Management

Designed for reliability under heavy market conditions, ensuring accurate and continuous market data flow.

Snapshot and re-request mechanisms for fast state recovery

Sequence gap detection to maintain feed consistency

Deterministic behavior even during high-throughput bursts

Strategy

Developer-Friendly Strategy Integration

A streamlined workflow that lets software-focused trading teams utilize FPGA performance without deep RTL expertise.

HLS/C++ module for plugging in custom trading logic

Reduced development time compared to traditional RTL design

Reference algorithm, sample PCAPs, and replay utilities included

Predefined test scenarios to accelerate evaluation and benchmarking

Documentation

Access comprehensive technical documentation, datasheets, and implementation guides for the Low-Latency Ethernet IP and AAT platform.

Demo Instruction Request Demo

Demo Documentation is currently under preparation. For early access, please contact us.

Free Demo is available upon request. Contact us to access the demo package.

Additional Resources

AAT-ITCH/OUCH Overview

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How to engage

Ready to evaluate or deploy?

Contact FinoLogic with your use-case, expected traffic profile, and target latency requirements.
Provide sample market data (anonymized) and reference trading scenarios.
We will review and propose an engagement plan (evaluation, pilot, or custom integration).

Contact Sales / Engineering

FAQ

What platforms are supported?

The AAT ITCH/OUCH solution is optimized for the AMD Alveo X3522-PV platform, delivering minimum latency performance and protocol support.

Can I integrate my own trading logic?

Yes. The system provides an HLS/C++ module where you can integrate custom trading algorithms. We include reference implementations and sample PCAPs to accelerate development.

Do you provide reference designs?

Yes — complete reference designs with pre-integrated DG Low-Latency IP, ready-to-build Vivado projects, and example applications are included in the evaluation package.

What about market data recovery?

The platform includes snapshot and re-request mechanisms for fast state recovery, plus sequence gap detection to maintain feed consistency even during high-throughput market bursts.