Quincy Data’s solution will be available to Options customers via the IaaS provider’s Velocity platform
Quincy Data’s solution will be available to Options customers via the IaaS provider’s Velocity platform
New York – January 28, 2014 – Options, the leading private financial cloud provider for the global capital markets industry, today announced the availability of Quincy Data LLC’s Quincy Extreme Data (“QED”) service, enabling the managed service provider to offer data at the lowest known latencies to customers trading across markets in Equinix NY4 and the CME.
Quincy Data is a provider of extremely low latency market data services, powered by the McKay Brothers microwave network. The Quincy Extreme Data (QED) service sources data from multiple financial exchanges and delivers a normalized feed to colocation centers around the world. To minimize latency, the service provides only key data items for the most liquid instruments. Options customers can now access market data at roughly 4.1 milliseconds rack-to-rack, about 50% faster than fibre based direct feeds.