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SAM signs with QuantHouse to reduce quote, execution times

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New York based CTA Systematic Alpha Management (SAM) has extended its contract with QuantHouse, a leading supplier of next-generation trading systems, to include QuantLINK, an advanced trading infrastructure interconnecting the heart of exchanges with proximity hosting at the source.

 

QuantLINK will enhance QuantHouse’s global order routing capabilities and co-location services within exchanges. As a result of the contract, SAM has placed two high performance servers in the QuantHouse facility in Chicago, located in the vicinity of the Chicago Mercantile Exchange (CME) data centre order matching engine.

Using QuantLINK’s low-latency connection with the CME order server will significantly reduce overall quote and execution delays of CME futures trading orders. SAM estimates that QuantLINK will decrease the average delay of these orders from 60 milliseconds, the time it currently takes when traded from New York, to about 10 milliseconds.

SAM already uses Quanthouse’s QuantFEED system, an ultra-low latency market data feed delivered through QuantHouse’s global fibre optic network.

“For Systematic Alpha Management, employing the fastest real-time quotes is imperative for minimizing execution slippage,” says Alexei Chekhlov (pictured), SAM’s co-Founder and Head of Research. “Using QuantHouse proximity hosting services allow SAM to significantly reduce the overall quote and execution latency for CME futures trading orders, which has obviously a direct impact on our trading performance.”

Pierre-François Filet, CEO and co-Founder of QuantHouse, says: “Customer loyalty is very high at QuantHouse and we see that as a very good indicator of continued service quality and performance. Our hosting co-location facilities and our global fiber optic network allows clients to benefit from a very powerful, end-to-end system with a straightforward implementation process. This new contract with SAM confirms our global leadership for this business model.”

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