Options Expands Low Latency Offering, Adds Quincy Extreme Data To The Firm’s Electronic Trading


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.

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About Options (www.options-it.com): Options is the leading provider of cloud-enabled managed services to the global capital markets. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector. Today over 200 firms globally leverage the Options platform, including the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.