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, Calif., 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.

SOURCE Quincy Data, LLC

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
IoT is fundamentally transforming the auto industry, turning the vehicle into a hub for connected services, including safety, infotainment and usage-based insurance. Auto manufacturers – and businesses across all verticals – have built an entire ecosystem around the Connected Car, creating new customer touch points and revenue streams. In his session at @ThingsExpo, Macario Namie, Head of IoT Strategy at Cisco Jasper, will share real-world examples of how IoT transforms the car from a static p...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
We’ve been doing it for years, decades for some. How many websites have you created accounts on? Your bank, your credit card companies, social media sites, hotels and travel sites, online shopping sites, and that’s just the start. We do it often without even thinking about it, quickly entering our personal information, our data, in a plethora of systems. Sometimes we’re not even aware of the information we are providing. It could be very personal information (think of the security questions you ...
I'm a lonely sensor. I spend all day telling the world how I'm feeling, but none of the other sensors seem to care. I want to be connected. I want to build relationships with other sensors to be more useful for my human. I want my human to understand that when my friends next door are too hot for a while, I'll soon be flaming. And when all my friends go outside without me, I may be left behind. Don't just log my data; use the relationship graph. In his session at @ThingsExpo, Ryan Boyd, Engi...
SYS-CON Events announced today that ReadyTalk, a leading provider of online conferencing and webinar services, has been named Vendor Presentation Sponsor at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. ReadyTalk delivers audio and web conferencing services that inspire collaboration and enable the Future of Work for today’s increasingly digital and mobile workforce. By combining intuitive, innovative tec...
IoT offers a value of almost $4 trillion to the manufacturing industry through platforms that can improve margins, optimize operations & drive high performance work teams. By using IoT technologies as a foundation, manufacturing customers are integrating worker safety with manufacturing systems, driving deep collaboration and utilizing analytics to exponentially increased per-unit margins. However, as Benoit Lheureux, the VP for Research at Gartner points out, “IoT project implementers often ...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Is your aging software platform suffering from technical debt while the market changes and demands new solutions at a faster clip? It’s a bold move, but you might consider walking away from your core platform and starting fresh. ReadyTalk did exactly that. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, will discuss why and how ReadyTalk diverted from healthy revenue and over a decade of audio conferencing product development to start an innovati...
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...