AMD accelerates high-frequency trading with the new Alveo UL3422 card

AMD presents the Alveo UL3422, a new accelerator card specifically designed for electronic high-frequency trading applications. With its sleek design, it targets cost-effective implementation in various server environments and offers trading firms, market makers, and financial institutions a competitive solution to optimize their trading speeds. Powered by an AMD Virtex UltraScale+ FPGA, the Alveo UL3422 features a pioneering transceiver architecture that enables an extremely low latency of under three nanoseconds. This model promises revolutionary "tick-to-trade" performance that surpasses traditional FPGAs. In addition to performance, the new card impresses with its economical design: it is cost-effective and optimized for minimal space requirements. It achieves the same performance as the previous model, Alveo UL3524, which still holds the STAC-T0 benchmark world record for "tick-to-trade" performance. For developers, the Alveo UL3422 offers rapid deployment support through a growing partner network and the AMD Vivado Design Suite. Additionally, low-latency AI models can be integrated into trading systems with the open-source FINN development framework, further enhancing innovation in high-frequency trading. The card's availability in production volumes is already in place, and it can be sourced worldwide by financial service providers.