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Exegy

Real-time market data and trading signals

Senior FPGA Designer

Full-Time
No salary listed
Mid, Senior
Bachelor's
Montreal, QC, Canada
HybridHybrid work in Montreal is required.
Hardware EngineeringSilicon & ASIC Design

About the job

Requirements
  • A degree in Electronic Engineering, Electrical Engineering, Computer Engineering, or a related technical discipline.
  • At least five years of professional FPGA design and development experience, including ownership of complex designs through implementation and hardware validation.
  • Advanced proficiency in VHDL and/or Verilog, with the ability to assess RTL for correctness, performance, maintainability, and resource efficiency.
  • Strong understanding of the complete FPGA development flow, including simulation, synthesis, constraints, static timing analysis, timing closure, place-and-route, and on-board debugging.
  • Experience developing high-speed networking, data-movement, or system interfaces such as Ethernet, TCP/UDP, MAC/PCS, PCIe, and DMA.
  • Hands-on experience with FPGA development tools, preferably AMD/Xilinx Vivado, and modern source control and continuous integration practices using Git and Jenkins or comparable tools.
  • Experience using Python and Linux for verification, automation, testing, and troubleshooting.
  • Demonstrated ability to independently solve complex technical problems and communicate clearly with technical and cross-functional partners.
  • Professional proficiency in English and French.
Responsibilities
  • Design, develop, and maintain high-performance FPGA logic and reusable HDL building blocks for ultra-low-latency applications.
  • Translate product and technical requirements into detailed FPGA designs, interfaces, implementation plans, and verification strategies.
  • Develop and review RTL using VHDL and/or Verilog, focusing on latency, throughput, resource utilization, scalability, and maintainability.
  • Own significant portions of the FPGA development lifecycle, including simulation, synthesis, place-and-route, timing analysis and closure, hardware bring-up, board-level testing, and release support.
  • Implement and enhance networking and system protocol components such as TCP, UDP, Ethernet MAC/PCS, PCIe, and DMA at multiple speeds.
  • Create and maintain automated test environments, unit tests, regression suites, coverage metrics, and hardware validation tools using Python and related technologies.
  • Diagnose complex design, timing, integration, and performance issues across FPGA, hardware, firmware, and software boundaries.
  • Conduct peer design and code reviews and help establish consistent engineering practices for quality, documentation, testing, and version control.
  • Collaborate with FPGA Architects to evaluate design tradeoffs and ensure implementations align with broader platform architecture and long-term product direction.
  • Mentor FPGA Engineers, share technical knowledge, and contribute to onboarding and development of team members.
  • Partner with product and solution teams to understand customer and business needs, propose practical technical solutions, and communicate risks, dependencies, and tradeoffs.
  • Monitor developments in FPGA devices, toolchains, networking technologies, and low-latency design techniques and recommend improvements to the team’s technology and methods.
Desired Qualifications
  • Experience designing deterministic or ultra-low-latency systems, particularly within capital markets, electronic trading, telecommunications, or another high-performance computing environment.
  • Experience with FPGA-based packet processing, switching, market data, or hardware acceleration platforms.
  • Familiarity with SystemVerilog, formal verification, advanced simulation methodologies, or hardware-in-the-loop testing.
  • Experience mentoring engineers or serving as a technical lead for a project or design area.

About the company

Exegy provides real-time and historical market data, predictive trading signals, automated trading, and execution services for the capital markets. Its products deliver fast, normalized market data and connectivity plus real-time signals to help traders implement strategies and place trades automatically. Exegy focuses on low-latency, resilient infrastructure serving the full trading ecosystem—buy side, sell side, exchanges, and ISV partners—across data delivery and trading automation. The goal is to help major banks, brokers, and trading firms stay competitive in high-speed markets with fast, reliable data and automated trading capabilities.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$16.7M

Headquarters

Town and Country, Missouri

Founded

2003

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Simplify Jobs

Simplify's Take

What believers are saying

  • EuroCTP's August 11, 2026 Axiom feed expands Exegy into European market-structure infrastructure.
  • Axiom won best cloud-based market data delivery on March 3, 2026.
  • Nexus won best trading technology stack on June 12, 2026, boosting enterprise credibility.

What critics are saying

  • NovaSparks integration failures would damage uptime, stall renewals, and trigger client defections.
  • MarketsIO and Exegy launched September 10, 2026; mismatched stacks slow delivery.
  • If Axiom and Nexus lose latency leadership, Exegy becomes a services commodity.

What makes Exegy unique

  • Exegy controls FPGA market data pipelines through NovaSparks, closed January 14, 2026.
  • EuroCTP picked Exegy on April 15, 2026 for the EU shares tape.
  • Axiom and Nexus unify managed feeds, normalization, and low-latency distribution.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Exegy
Sep 10th, 2026
Exegy and MarketsIO announce strategic partnership to deliver modern enterprise market data infrastructure.

Exegy and MarketsIO announce strategic partnership to deliver modern enterprise market data infrastructure. The partnership offers a de-risked, readily achievable path to modern market data infrastructure across the latency spectrum. St. Louis / London / New York / Chicago - September 10, 2026 Exegy, a global leader in real-time market data and mission-critical trading technology, and MarketsIO, an independent enterprise data technology company, today announced a strategic partnership to enable capital markets firms worldwide to modernize data infrastructure with unprecedented flexibility and control over data sourcing and distribution. The partnership combines Exegy's market data normalization and aggregation with MarketsIO's enterprise distribution, entitlements, and integration technology. David Taylor, CEO of Exegy, said: "Clients increasingly ask for solutions that lower the effort, cost, and risk of migrating to our real-time market data solutions to improve the quality, performance, and resilience of their enterprise market data. Our partnership with MarketsIO delivers that solution, allowing firms to incrementally modernize distribution and control while preserving their existing applications. Together, we offer clients the keys to unlock their dependence on antiquated market data infrastructure." Capital markets firms face rising costs, compliance mandates for increased resiliency, limited capabilities to diversify their data providers, and aging infrastructure tied to legacy data providers. The Exegy MarketsIO partnership offers a de-risked path to modernization: * Exegy brings institutional-grade, normalized market data from 300+ global trading venues, and deterministic low-latency performance and resilience under peak market conditions. * MarketsIO provides modern enterprise distribution, resilience, entitlements and integration technology, with backward compatibility that allows firms to preserve existing application interfaces and significantly reduce migration effort and risk. Terry Roche, CEO of MarketsIO, said: "One of MarketsIO's core principles is that firms should be able to choose where they source data independently of the technology used to distribute and govern it. Clients around the world are using our enterprise technology, which materially advances performance, resilience, scalability and control compared with legacy architectures. Combined with Exegy's world-class data normalization and aggregation, we can give clients a genuinely differentiated, low-risk path to greater choice, control and independence across the real-time market data stack." The partnership gives firms a practical way to broaden sourcing options with granular control and without having to replace existing applications and workflows. The combined Exegy and MarketsIO offering is available immediately for client integration. About Exegy: Exegy provides high-performance market data and trading infrastructure for the world's most demanding capital markets firms. With over 125 patents, its proprietary platforms help clients process, normalize, distribute, and act on real-time data with deterministic performance as volumes, volatility, and complexity rise. Drawing on software, FPGA acceleration, and managed services expertise, Exegy supports the full spectrum of latency needs - from ultralow-latency strategies to broad cross-asset workflows - on a unified platform. Recent deployments have delivered efficiency gains, including datacenter-footprint reductions of up to 47%, while preserving performance under peak load. NovaSparks partner closely with quantitative trading firms, brokerages, and global banks to deliver reliability, scalability, and operational simplicity. About MarketsIO: MarketsIO is an independent capital markets technology company building modern infrastructure for real-time data distribution, entitlements, governance, and integration. Its technology is built around the principles of openness and choice, enabling firms to source data independently of the technology used to distribute and control it. MarketsIO enables financial institutions to modernize legacy market data environments while preserving existing applications and workflows, providing a low-risk path to greater choice and control. Its technology can be deployed on-premises, in colocation environments, or in the cloud, giving firms the freedom to choose the data, technology, and deployment models that best meet their needs. Media Contact: Chrissa Diakanastasis/ Alice Jiga Moonlight IQ Tel: +44 (0) 20 7250 4770

Exegy
Apr 21st, 2026
Solving today's technology challenges.

Solving today's technology challenges. Ideas and insights from the 2026 Capital Markets Innovation Summit | London. On April 15, Exegy hosted the Capital Markets Innovation Summit: London Edition, where industry leaders discussed key trends like market convergence and digital assets, setting the stage for future market infrastructure strategies. The firms best positioned for the future aren't just those with the fastest hardware, but those who can modernize their infrastructure without sacrificing resiliency, control, or performance. Keynote: the inevitable rise of smart contracts and automation. The Summit opened with a provocative keynote from Timothy Gorham, Founder and CEO of Strands. While many discussions around digital assets focus on the "what" (tokenization, ETFs), Gorham focused on the "how": the underlying technology of smart contracts. Hyperliquid was one of the clearest examples Gorham used to bring that point to life. Gorham used it to show how automation can reshape a market from the ground up. Hyperliquid operates with just 11 employees while generating extraordinary profit, creating a profit per employee that far exceeds traditional businesses. In Gorham's framing, that was the real story: smart contracts do not just support new products, they dramatically compress the human and operational burden required to run a market at scale. The broader implication is that this is not just about crypto-native experimentation. It's about a new operating model for markets. Distributed infrastructure requires no scheduled maintenance and 100% uptime - operating 24/7/365. For traders, a market that is always available represents immense value, allowing software-based rules and programmable financial logic to unlock entirely different economies of scale. "The technology doesn't care. The technology will win eventually." -Timothy Gorham, Founder and CEO, Strands. The takeaway? Software-based rules and automated settlement aren't just for crypto - they represent a structural efficiency that will eventually redefine all of capital markets. Executive panel: emerging challenges are becoming core challenges. Its morning executive panel explored how shifts once considered "edge cases" are now moving to the center of the desk. Three themes dominated the conversation: * 24/5 is an Infrastructure Issue: Demand for trading U.S. equities and global assets outside traditional hours is no longer hypothetical. The challenge is ensuring front-to-back office systems can handle reduced downtime and continuous operating windows. * The Convergence of Assets: Firms are no longer asking if digital and traditional assets will coexist, but how. The "frontier" is now dictating the expectations for the "core." * Flexibility is the New Scale: You can't solve today's volume spikes by just adding more servers. Architecture must be "built for change", agile enough to adapt to fragmented liquidity and evolving regulation without a performance hit. The consensus among the panelists was clear: the "wait and see" approach is no longer a viable strategy as the boundaries between traditional finance and frontier technologies continue to blur. Competitive advantage has shifted from those who react to change to those who build for it. The next generation will be defined by their ability to maintain institutional-grade stability while embracing the agility and continuous nature of the digital-first era. Scaling to frontier markets without scaling risk. Arnaud Derasse, Exegy CTO, addressed the operational reality of expanding into frontier markets. In a market environment that demands "everything, everywhere, all at once," writing software is no longer a differentiator. Derasse emphasized that speed of delivery and automation are what matter. As trade volumes rise across the Middle East and APAC, firms need infrastructure that is "frontier-ready by design," allowing them to add market coverage without adding unmanageable risk or overhead. The chart above shows tracking daily activity for select MENA markets. In it, the data demonstrates not just a general trend of rising trade volumes, but also extreme and unpredictable volatility. Sudden spikes show the operational burden that traditional systems struggle to handle without scaling risk. The chart quantifies the strain. It highlights that traditional approaches of scaling hardware or layering complex systems can't keep pace with this level of volatile growth. The core takeaway is that this extreme volatility makes "frontier-ready" infrastructure (which Exegy provides through unified, high-performance tech) a critical requirement, not a luxury. Firms need tech that can absorb these bursts deterministically. The fireside chat with Gael Vasseur of Nomura explored how firms can sustainably scale FPGA technology across global markets, emphasizing long-term infrastructure planning over just performance gains. This session shifted the conversation from why firms want performance to how they make it sustainable. Instead of treating hardware acceleration as a narrow ultra-low-latency tool, the session positioned it as part of a longer-term infrastructure roadmap. That fits with one of the recurring themes of the day that performance, flexibility, and maintainability can no longer live in separate conversations. Conquering capacity strain with smarter infrastructure. Laurent de Barry, CPO, and Olivier Cousin, Director of FPGA Solutions, brought the day's infrastructure themes into even sharper focus. The session covered how firms are modernizing their data stack to unlock performance, flexibility, and scale. The latency race is still on, but pure speed is no longer enough. Firms now need determinism under burst conditions, infrastructure that can evolve quickly, and ways to control mounting cost and complexity. Several factors compound pressure on trading infrastructure. Data volumes are climbing. Space and power are becoming harder constraints in key data centers. Legacy in-process market data systems impose a heavy CPU tax. And the move toward 23/5 and 24/7 trading is shrinking the maintenance windows firms used to rely on. Firms can no longer solve latency and capacity problems by throwing more servers at them. To meet these challenges, the team showcased how Exegy Nexus was purpose-built to unify feed handling, normalization, monitoring, and FPGA acceleration into a single stack. The Takeaway: Offloading API and market-data processing through the Nexus appliance and NIC can materially reduce server footprint and annual operating costs, while still supporting extremely low-latency use cases. If the future is more distributed, more data-heavy, and more continuous, infrastructure has to become more adaptable and more efficient. EuroCTP and the challenge of consolidation. Later in the afternoon, the conversation turned to market structure in Europe through a fireside chat with Eglantine Desautel, CEO of EuroCTP. In many ways, the EuroCTP discussion reinforced a central theme of the day: market complexity is increasing even in areas where the goal is simplification. The discussion reinforced that whether you are consolidating fragmented data or extending hours, the hurdles are rarely just technical; they sit at the intersection of regulation, governance, and architecture. Strategy outlook: building for the full spectrum. Closing the day, Exegy CEO David Taylor tied these themes together into a unified vision for the future. Exegy is expanding its portfolio, covering everything from overnight equities and prediction markets to the Middle East and EuroCTP, but the focus remains on operational transformation. The goal for 2026 and beyond? Unified infrastructure. Support for ultra-low-latency and enterprise use cases, flexible deployment (on-prem, hosted, or cloud), and the ability to handle both traditional and emerging markets in one place. Looking ahead. If last year's Summit was about rethinking market data, 2026 was about the redefinition of the system itself. Markets are faster, more global, and more automated than ever before. Thank you to everyone who joined Exegy in London. Your insights continue to drive its roadmap. If you couldn't make it to London, Exegy hope to see you at the New York City Edition in September.

The Trade News
Apr 15th, 2026
EuroCTP selects Exegy as technology provider for EU shares and ETFs consolidated tape.

EuroCTP selects Exegy as technology provider for EU shares and ETFs consolidated tape. The integration will leverage Exegy's ticker plant technology, and aims to support the delivery of a robust and resilient pre- and post-trade consolidated tape. EuroCTP has selected Exegy as its technology partner ahead of the launch of the EU consolidated tape for shares and ETFs, scheduled for July this year. As part of the collaboration, Exegy will leverage its ticker plant technology to power the platform's data normalisation and consolidation engine, and consume pre- and post-trade data from trading venues and APAs, to then compute the European best bid and offer (EBBO). Specifically, Exegy's solution will integrate with EuroCTP's website, data lake and real-time data distribution infrastructure, to act as the market data engine for EuroCTP's downstream applications. Through this, the two firms aim to support the delivery of a robust and resilient pre- and post-trade consolidated tape, which provides the official EBBO and comprehensive access to European trade data. David Taylor, chief executive of Exegy, commented: "Building an equities consolidated tape across the fragmented European landscape requires proven experience in mission-critical roles and technology that provides the necessary level of capacity and reliable performance. "By delivering purpose-built FPGA appliances and providing a comprehensive 24/7, 'Follow the Sun' managed service model, we are helping EuroCTP create a robust, efficient, and future-proof platform that supports the next generation of growth in European capital markets." The delivery of an EU consolidated tape for shares and ETFs is expected to address issues of fragmentation and data quality across European markets, ultimately enhancing transparency and price discovery for all market participants. "Selecting Exegy as a strategic technology partner was a critical milestone in our mission to foster transparency and equal access to market data," said Eglantine Desautel, CEO of EuroCTP. "EuroCTP is committed to delivering a consolidated tape that serves retail and institutional investors alike. Exegy's proven track record, building on its history of powering the Canadian equities consolidated tape and supporting a large number of industry participants with high industry standards and operational resilience, is crucial to delivering on our promise of a more integrated EU single market." EuroCTP was selected by the European Securities and Markets Authority (ESMA) to be the designated tape provider in December 2025, following the launch of the tender process in June the same year. The upcoming tape is being developed in close consultation with industry participants and EuroCTP's advisory committee, which includes members from BlackRock, BNP Paribas, Citadel, Norges Bank, Deutsche Börse, Bloomberg and Cboe. Moreover, EuroCTP has confirmed that it will continue to communicate consistently with the industry and market participants following the tape's launch, as well as provide any updates or enhancements to the tape with at least three months' notice. The TRADE > News > People Moves > Kepler Cheuvreux hires from UBS in high touch sales trading push Kepler Cheuvreux hires from UBS in high touch sales trading push. Paris-based hire is the fourth high touch sales trader to join the firm this year; she previously served at UBS as a cross asset execution trader. Kepler Cheuvreux has further expanded its high touch sales trading team, with the addition of Sidonie Vasseur joining as a trader on the desk. Vasseur will be based out of Paris in her new role, and brings almost 15 years of sell-side trading experience to the position. Speaking to The TRADE, Chris McConville, global head of execution services and trading at Kepler Cheuvreux, commented: "THE TRADE's is pleased to welcome [Vasseur] to the team, who will be based in Paris. "Joining its high-touch sales trading team, [Vasseur] brings over 14 years of experience across derivatives, cash trading, and cross-asset markets, along with a strong client-focused approach. "Her expertise will further strengthen our high-touch capabilities as we continue to grow in this space, and we're excited about the contribution she'll make." Vasseur joins the firm from UBS, where she spent the last four years as a cross asset execution trader, working across various different asset classes, including equities, fixed income, FX, ETDs, funds and hedge funds. Prior to this, she worked in equity derivatives-based roles at GFI Group and Exane, based out of Paris and Geneva respectively. While at GFI Group, Vasseur served as a broker for two years, where she provided trading desks with quotes on European single stocks options and D1 index products, as well as executing block and cross trades on different markets. Similarly, she worked across equity derivatives sales trading during her two-year tenure at Exane, executing trades, hedging portfolios and providing asset managers, hedge funds and proprietary trading desks with quotes on listed options and futures. Previously in her career, she has also served at firms including Deutsche Bank, Societe Generale and Rothschild & Co. Vasseur's appointment is the second hire for Kepler Cheuvreux this week, with the firm announcing yesterday that Olatayo Balogun had joined the KCx platform as an electronic sales trader, after six years at Berenberg. Vasseur is Kepler Cheuvreux's sixth hire this year, and marks the firm's fourth high touch sales trader to join since the beginning of 2026.

Exegy
Mar 20th, 2026
Crypto options are back: can CME help your firm dive in?

Crypto options are back: can CME help your firm dive in? After a volatile period for digital assets, institutional participation in crypto derivatives continues to evolve - driven in part by demand for regulated venues and clearer operational frameworks. However, while many crypto-native exchanges have limitations for U.S. participants, CME provides a familiar point of entry for institutions looking to access crypto derivatives within a regulated market structure. Crypto derivatives have matured - and institutions are building for what's next. Crypto markets have gone through multiple volatility cycles over the past few years, but institutional participation in crypto derivatives has continued to deepen - especially on regulated venues. CME Group has highlighted that cryptocurrency futures and options are reaching record volumes in 2026, with year-to-date average daily volume of 407,200 contracts (up 46% year-over-year) and average daily open interest of 335,400 contracts (up 7% year-over-year). This growth underscores a broader shift: crypto derivatives are no longer just a niche market structure. For many professional trading teams, they're becoming part of a wider risk and execution toolkit - raising expectations for institutional-grade market data, consistent pricing inputs, and scalable distribution across an expanding set of venues and instruments. What role does CME play in the crypto ecosystem? Trad-fi exchange CME is the largest futures exchange in North America and one of the largest in the world. This regulated market offers firms a way to gain exposure to cryptocurrency without owning the actual currency and as part of a diversified portfolio of various asset classes. Yet, CME's stature and stability also provide assurance to institutional investors navigating uncertainty in crypto-native markets. After entering crypto in 2017 with Bitcoin futures, CME has expanded its crypto suite over time to include options on futures, micro-sized contracts, and more flexible weekly expirations designed for short-dated risk management. CME has benefited from institutions seeking regulated access to crypto derivatives. In 2026, CME Group reports crypto futures and options activity at record volumes, underscoring continued growth in institutional participation on regulated venues. YTD open interest in BTC derivatives. (Options through Dec 2025 | Futures through March 2026) Notably, CME ranks among the leaders in both futures and options open interest, making it a significant venue across the BTC derivatives complex. How can Exegy help firms access institutional-grade crypto derivatives data? Accessing crypto derivatives at institutional scale depends on more than venue connectivity. Firms need real-time data they can normalize, distribute, and operationalize across trading, risk, and downstream systems - without taking on a long-term integration and maintenance burden. That's where Exegy Axiom comes in. Axiom is Exegy's consolidated market data service, delivering normalized, low-latency data as a fully managed offering, designed to reduce infrastructure and operational overhead while supporting multi-asset workflows. Most recently, Exegy announced a partnership with Strands to bring real-time prediction market and digital asset data into the Axiom consolidated feed. This partnership expands coverage beyond basic spot markets to include spot, derivatives, real-time rates, and prediction market event contracts across both centralized and decentralized venues. Venue coverage will roll out in phases, beginning with an initial set of major centralized exchanges and selected DeFi venues, with additional venues added over time. When you're ready to evaluate a data foundation for crypto derivatives and adjacent markets, talk to an Exegy expert.

Traders Magazine
Jan 16th, 2026
Exegy Acquires NovaSparks

Exegy acquires NovaSparks. Exegy acquires NovaSparks Inc., extending its leadership in ultra-low latency financial market data. Acquisition cements Exegy's position as the premier provider of FPGA solutions for mission-critical electronic trading platforms NEW YORK, LONDON, PARIS, ST. LOUIS - January 14, 2026 - Exegy, a global leader in high-performance market data and trading technology, today announced it has acquired NovaSparks Inc. (NovaSparks), a provider of real-time market data normalization and distribution solutions, specializing in Field Programmable Gate Array ("FPGA") enabled products. This strategic acquisition further strengthens Exegy's ability to meet the most demanding speed and scale requirements of modern electronic trading platforms used by elite capital markets businesses. "We are thrilled to welcome the NovaSparks customers to Exegy. We have a strong track record of blending the strengths of talented teams and proven products to elevate the user experience and deliver greater value to our clients, and we are excited to continue this strategy with NovaSparks," said David Taylor, CEO of Exegy, "Following our acquisitions of Vela Trading Systems and Enyx, the addition of NovaSparks is the latest milestone in our mission to be the leading capital markets technology provider, delivering nanosecond speeds, global scale, and broad market coverage." NovaSparks clients immediately benefit from Exegy's global scale and stability, as well as its managed services organization, which provides 24/7 follow-the-sun support and deployment management. This includes existing NovaSparks partnerships and integrations with third-party trading platforms. Luc Burgun, CEO of NovaSparks, added: "Joining forces with Exegy allows us to improve our innovation and customer support capabilities. Our clients will continue to receive the ultra-low latency performance they rely on, but now with the backing of Exegy's global presence and services infrastructure." Exegy is committed to maintaining existing NovaSparks products and investing to develop new solutions that combine the best performance and capabilities from both product and intellectual property portfolios. Exegy is a global leader in low-latency market data, trading, and execution technology, delivering innovative, end-to-end solutions that power the world's capital markets. Exegy serves a broad spectrum of market participants, including buy-side and sell-side institutions, trading venues, and independent software and technology providers globally. Exegy's solutions are fully managed, high-performance, and scalable, powered by purpose-built appliances, FPGA-accelerated systems, advanced enterprise software, and service automation technologies. Headquartered in St. Louis with regional offices across the United States, the United Kingdom, and Asia-Pacific, Exegy maintains a global footprint to deliver resilient infrastructure, operational efficiency, and world-class managed services to its customers. For more information, please visit www.exegy.com.