Welcome!

News Feed Item

Quincy Extreme Data Now Fastest to London and Frankfurt

-- Aurora-Slough LD4 in 35.39 ms and Aurora-Frankfurt in 37.79 ms; more UK colos to follow

OAKLAND, California, April 23, 2014 /PRNewswire/ -- Quincy Data, LLC announced that its Quincy Extreme Data service is distributing Aurora-sourced data to London's Slough-LD4 data center in 35.39 milliseconds (ms) and to Frankfurt's-FR2 data center in 37.79 ms. Both routes offer the lowest known latency for any commercially available service and will receive substantial upgrades over the next several months to ensure that the QED service remains the fastest.

"Quincy's European expansion is our next phase in delivering a market data service that is fast, fair and flexible," says co-founder Stephane Tyc. "At last, the lowest latency market data can be bought as a service, lowering barriers to entry and fostering competition."

Quincy's announcement includes plans for further expansion of its European service, adding more London POPs over the next two months. Soon Quincy will distribute select data from Eurex to London, NJ and Illinois at what the company believes are lowest commercially available latencies. Quincy Data currently distributes market data at the lowest known latency in the US, along the key route connecting Illinois and New Jersey and another connecting Aurora, IL with 350 E. Cermak in Chicago.

"We are committed to supporting fair and robust markets by making the fastest data widely obtainable," says Jim Considine, Quincy's Chief Operating Officer. "On route after route, Quincy offers the deepest dataset, broadest footprint and fastest delivery. We are pleased to offer to clients more and more data in more and more trading centers around the world."

Quincy Data is the leading provider of extremely low latency market data and is accelerating its rollout of additional US and European exchange data. For this European expansion, Quincy capitalizes on wireless bandwidth from an unaffiliated telecom provider. The initial service bests all comers, and after the noted upgrades, will operate within 10 microseconds of the provider's best internal speed and likely the best end-to-end speed achieved by any combination of private and commercial routes.

Market data delivered over microwave is moving rapidly beyond early adopters into the mainstream. The latency advantage of microwave over fiber is a physical constant, varying only by the length of the route. However, pure latency is not the most compelling driver. The primary motivation for adoption of microwave market data today is that risk management decision cycles are smaller than the fiber-to-microwave latency differential.

"When risk management algorithms are faster than the few milliseconds' edge of microwave over fiber, our data service becomes an obvious choice. With fiber, you base your decisions on stale data," says Tyc. "This very practical and powerful arithmetic is driving mainstream adoption of the Quincy Extreme Data service."

The momentum toward the mainstream has changed the competitive landscape of microwave market data. "Data consumers have shifted their focus from competing on speed to partnering on speed," says Considine. "As an independent provider dedicated to a level playing field, Quincy aims to be the partner of choice."

All latency figures quoted are one-way.

About Quincy Data, LLC Quincy Data is the leading microwave distributor of extremely low latency market data. Live since 2012, the Quincy Extreme Data service offers an integrated and normalized feed of select market data sourced from multiple financial exchanges in the US and Europe and offered in exchange colocation centers in Illinois, New Jersey, the UK and Frankfurt. Quincy is dedicated to leveling the playing field for extremely low latency market data and being the data provider of choice among electronic trading desks of all sizes.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
In his keynote at 19th Cloud Expo, Sheng Liang, co-founder and CEO of Rancher Labs, discussed the technological advances and new business opportunities created by the rapid adoption of containers. With the success of Amazon Web Services (AWS) and various open source technologies used to build private clouds, cloud computing has become an essential component of IT strategy. However, users continue to face challenges in implementing clouds, as older technologies evolve and newer ones like Docker c...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.