Fpgas have a huge amount of operational and practical difficulties. They’re great for fixed-function stuff like feed parsing or dumb triggers your software can

Fpgas have a huge amount of operational and practical difficulties. They’re great for fixed-function stuff like feed parsing or dumb triggers your software can direct in real-time, but absolutely terrible for something where you the ability to be flexible and adaptive. Pure latency arb isn’t the only hft trade there is anyways.