Publication detail

Low-latency AES encryption for High-Frequency Trading on FPGA

CÍBIK, P. RŮŽEK, M. DVOŘÁK, M.

Original Title

Low-latency AES encryption for High-Frequency Trading on FPGA

Type

conference paper

Language

English

Original Abstract

This paper presents a Field Programmable Gate Array (FPGA) powered low--latency solution for secure communication with the stock exchange. It presents architecture design and optimization techniques used to ensure the required security level without impacting the latency, which is the most critical domain in High-Frequency Trading (HFT). The National Stock Exchange of India (NSE) chose Advanced Encryption Standard (AES) with 256 bit key length in Galoise-Counter Mode (GCM) as the encryption algorithm for Non-NEAT Front End (NNF) connections.

Keywords

Field-Programmable Gate Array;FPGA;High-Frequency Trading;HFT;National Stock Exchange of India;NSE;Cryptography;Hardware acceleration;VHDL;Encryption;Decryption;AES;GCM

Authors

CÍBIK, P.; RŮŽEK, M.; DVOŘÁK, M.

Released

23. 4. 2024

Publisher

Brno University of Technology, Faculty of Electronic Engineering and Communication

ISBN

978-80-214-6231-1

Book

Proceedings I of the 30th Conference STUDENT EEICT 2024: General papers

Edition

1

Pages from

236

Pages to

240

Pages count

5

URL

https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2024_sbornik_1.pdf

BibTex

@inproceedings{BUT188499,
  author="Peter {Cíbik} and Michal {Růžek} and Milan {Dvořák}",
  title="Low-latency AES encryption for High-Frequency Trading on FPGA",
  booktitle="Proceedings I of the 30th Conference STUDENT EEICT 2024: General papers",
  year="2024",
  series="1",
  pages="236--240",
  publisher="Brno University of Technology, Faculty of Electronic Engineering and Communication",
  isbn="978-80-214-6231-1",
  url="https://www.eeict.cz/eeict_download/archiv/sborniky/EEICT_2024_sbornik_1.pdf"
}