Quincy Data, a specialist in the provision of ultra-low latency market data technology, has launched a new time synchronisation service covering major US financial exchanges that is precise to sub-nanoseconds.
Quincy’s Time Synchronization as a Service (TSaaS) provides a plug-and-play solution for precise time distribution across the New Jersey and Chicago metro regions. According to a press statement, “as trading firms seek greater precision and resilience, Quincy’s TSaaS simplifies the complexity of building advanced time distribution systems in-house”.
The pursuit of ultra-low latency in the current trading environment increasingly demands time measurement with sub-nanosecond accuracy. The Quincy Data service addresses two key challenges firms face trading financial markets: synchronising clocks beyond local data centres and ensuring traceability to an official time standard. Quincy TSaaS comprises two fault-tolerant White Rabbit networks, one in the New Jersey metro area and one in the Chicago metro area, ensuring reliable sub-nanosecond precision within each metro area.