Earlier this year, Burstream had just four employees. But that didn't stop the startup from making some waves in the low-latency access industry.

Based on technology from French ticker plant company NovaSpark, New York-based Burstream intends to be a game changer in this fast-moving (that's an understatement) field. Burstream has announced that its NanoSpeed Market Data Mesh service will soon be installed at the Nasdaq OMX market center in Carteret, N.J. The new service should be able to provide unprecedented access to market data, according to the company's marketing literature.

The company tests, which were conducted during periods of high message volume, showed that the data feed processing time was just 600 nanoseconds. The company relies on an FPGA-based solution from NovaSparks that they refer to as deterministic latency, which aims to eliminate fluctuations typically seen in other software and hardware-accelerated approaches. Burstream will also ramp up its service for the CME Group, to be followed by services for the NYSE, NYSE Arca, BATS and Direct Edge. The market data sweepstakes are certainly in full bloom. The stakes are high, as state-of-the-art market data feeds become more of a competitive and costly necessity than ever before.

For more:
- here's the release

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