Leo Chalvin

November 13, 2024

Quincy Data Announces Sub-Nanosecond Time Synchronization Service

November 13, 2024 – Chicago, IL & Oakland, California – Quincy Data, the leading ultra-low latency market data technology provider, today announced a time synchronization service covering major US financial exchanges that is precise to sub-nanoseconds. Quincy’s Time Synchronization as a Service (TSaaS) provides a plug-and-play solution for precise time distribution across the New Jersey and Chicago metro regions. As trading firms seek greater precision and resilience, Quincy’s TSaaS simplifies the complexity of building advanced […]
July 24, 2024

SEC Comment Letter #3 on Nasdaq NY11-4 Facility: Nasdaq expansion to NY11-4 prior to equalization is a violation of the Exchange Act, is a burden on competition, and unfairly discriminates between different customers.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 3 (2024.07.24)
June 18, 2024

SEC Comment Letter #2 on Nasdaq NY11-4 Facility: Nasdaq operation of NY11 and NY11-4 ‘differently’ requires a rule change and explanation. Nasdaq’s NY11‘Equalization Project’ should be completed before expansion to NY11-4.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 2 (2024.06.18)
June 3, 2024

Mike Schonberg presents “Big distances, tiny tolerances: Making time sync precise over a wide area” at Spring STAC Summits 2024

March 22, 2024

SEC Comment Letter #1: Nasdaq’s new NY11-4 facility requires substantial and transparent SEC rule filing process to avoid unfair and discriminatory burdens on competition.

Read full response here: Quincy Data – Nasdaq NY11-4 Comment Letter (2024.03.22)
July 18, 2023

McKay Brothers Distributes Cboe UK Cash Equities at LSE at Lowest Known Latency

July 18, 2023 (London & Geneva) McKay Brothers International SA (MBI) launched its newest lowest known latency market data service, distributing Cboe UK cash equities raw data at the London Stock Exchange via its wireless QRD service. Cboe UK equities data is sourced at Slough-LD4 and distributed at the LSE’s Telehouse North 2 data center. The QRD service distributes the full Cboe UK CXE and BXE feeds in their native exchange format. “We are thrilled […]
March 8, 2023

McKay Brothers and Quincy Data Expand Lowest Latency Services to Toronto

Fastest private bandwidth now complements lowest latency market data in Toronto-TMX March 2, 2023 (Oakland, CA) McKay Brothers announced it has deployed the lowest latency private bandwidth from Aurora, IL to Toronto. McKay’s newest route connects the futures markets at the CME with the cash equity markets of TMX in Toronto in less than 4.3 milliseconds one way. McKay’s sister company Quincy Data offers select CME data at TMX. The industry-leading Quincy Extreme Data (QED) […]
October 18, 2022

Stephane Tyc Presents at The Trading Show 2022: Market Data vs Private Fills (plus update on HF relevance)

Watch Stephane Tyc present at The Trading Show 2022: Market Data vs Private Fills (plus update on HF relevance)
September 28, 2022

Stephane Tyc’s Trading Show Chicago Presentation 2022: “Thoughts on the latency of public market data vs private fills”

View PDF presentation here
August 10, 2022

McKay Brothers Launches the Fastest Transpacific Market Data and Private Bandwidth Services

New ultra-low latency services connect key Illinois and Asia exchanges August 11, 2022 – (Geneva, Paris, Oakland) McKay Brothers’ MBI team has launched the lowest known latency market data services between Illinois’ largest futures exchanges and key Asia trading centers in Tokyo, Singapore and Hong Kong. MBI has also launched Transpacific private bandwidth services that are faster than any known alternative. “We are thrilled to redistribute key instruments from CME, ICE, and JPX at the […]