Quincy Data has added highly liquid exchange-traded funds to its Quincy Extreme Data (QED) service.
QED now delivers the most liquid equity ETFs sourced from Nasdaq’s Carteret, New Jersey data centre to CME Group’s data centre located in Aurora, Illinois in only 4.11 milliseconds rack-to-rack.
ETF data is also available locally over Quincy’s NJ metro wireless service, currently connecting Carteret and Secaucus, with Weehawken and Mahwah forthcoming.
“We are extremely pleased to add ‘westbound’ market data to our six month old ‘eastbound’ CME Group offering at what we believe is the lowest latency available,” says Stéphane Tyč, Quincy’s co-founder. “Highly liquid ETF data and microwave speed create a powerful tool for our clients to use in their hedging and trading strategies. Risk managers and traders know that fast, reliable market data is essential to their success. Quincy strives to exceed expectations for data, speed, service and reliability. With no installation charges, three month subscriptions, a small company discount, and an à la carte data offering, QED is a game-changer for firms with or without the means to acquire their own microwave channels.”
“You cannot find excess latency in our data, or in our rollout,” says Jim Considine, Quincy’s director of business development and strategy. “We implemented full FPGA feed handlers and hot failover this quarter, while extending the QED service to Carteret, Cermak and Slough data centers. The complete NJ rollout continues apace. The addition of ETF market data is an important milestone in our mission to provide trading desks large and small with the best market data solution for latency sensitive trading and risk management. Quincy’s robust infrastructure – with best-in-class elements at every step and an expanding set of data sources -- creates a compelling offering to financial firms where they need it most and on terms that will please the back office as much as the front office.”
In addition to ETF data, Quincy provides CME, CBOT, NYMEX and COMEX data in CME Group’s Aurora data centre and Cermak located in downtown Chicago; Secaucus NY4 and Carteret in NJ; and Slough in London.