McKay Brothers and Quincy Data have introduced new connectivity and market data services linking major US futures exchanges with key trading hubs in Sydney, aiming to enhance cross-market price discovery between North America and Australia.
The infrastructure connects the CME in Aurora, Illinois, and ICE Futures US in Chicago with Australian venues including the Australian Liquidity Centre and Equinix SY5, which host ASX and Cboe Australia.
The new service will provide a robust platform for price discovery between North American and Australian markets, with McKay Brothers provide private data transport capacity, and Quincy Data its real-time Snapshot Feeds, providing essential market information for select futures, including equity indices and FX. The network has been engineered to achieve round-trip latency of under 168 milliseconds, positioning it among the fastest connections between the two regions.
Stéphane Tyc, co-founder of McKay Brothers and Quincy Data, said: “Our focus is on providing all firms with the best possible tools for price discovery on a level playing field and ensuring that the most advanced infrastructure is accessible to every market participant.”