Exegy Expands Leadership in Financial Market Data with NovaSparks Acquisition
Exegy, a worldwide leader in high-performance market data and trading technologies, has made headlines with its recent acquisition of NovaSparks Inc. This strategic move aims to solidify Exegy's position as a top-tier provider of financial market data solutions characterized by minimal latency. The acquisition was publicly announced on January 14, 2026, and highlights Exegy’s commitment to enhancing the efficiency and performance of electronic trading platforms used by major financial firms.
NovaSparks specializes in providing cutting-edge solutions for the normalization and distribution of real-time market data, leveraging Field Programmable Gate Array (FPGA) technology. With this acquisition, Exegy is set to enhance its offerings, ensuring it meets the evolving demands for speed and scalability vital to today’s electronic capital markets.
David Taylor, the CEO of Exegy, expressed his excitement about welcoming NovaSparks' customers into the Exegy family. He stated, “We have a long-standing tradition of enhancing user experience by amalgamating the strengths of talented teams and proven products. We look forward to continuing this approach with NovaSparks.” This acquisition follows Exegy's earlier purchases of Vela Trading Systems and Enyx, signaling a consistent strategy to lead the technology sector in capital markets by providing nanosecond speed, extensive global reach, and comprehensive market coverage.
One of the immediate benefits for NovaSparks' clients is the enhanced global reach and stability that comes with being part of Exegy. Clients can rely on Exegy's managed services organization, which offers round-the-clock support and deployment management. This includes existing partnerships and integrations with various third-party trading platforms, ensuring that clients experience minimal disruption during the transition.
Luc Burgun, CEO of NovaSparks, added, “Joining Exegy allows us to bolster our innovation and customer support capacities. Our customers will continue to enjoy the ultra-low latency performance they depend on, now accompanied by the global support and service infrastructure provided by Exegy.” This merger not only enhances customer service but also signifies a profound commitment to further developing existing NovaSparks products while investing in new solutions that fuse the best features of both organizations’ product and intellectual property portfolios.
About Exegy
Exegy, based in St. Louis, is recognized globally for its low-latency market data, trading, and execution technologies. The company delivers innovative end-to-end solutions that are pivotal for driving the global capital markets. It serves a diverse array of market participants, including buy-side and sell-side institutions, trading venues, as well as independent software and technology firms worldwide.
Exegy’s solutions are designed to be fully managed, high-performance, and scalable, utilizing custom-built devices, FPGA-accelerated systems, advanced enterprise software, and automated service technologies. The company operates on a global scale, with regional offices in the United States, the United Kingdom, and the Asia-Pacific region, offering its clients robust infrastructure, operational efficiency, and unparalleled managed services. For further information, visit
www.exegy.com.