In the News

December 4, 2024

Quincy Data Launches Sub-Nanosecond Time Synchronisation Service

Quincy Data, provider of ultra-low latency market data technology, has introduced a Time Synchronisation as a Service (TSaaS) offering, designed to deliver sub-nanosecond accuracy for firms operating across major US financial exchanges. The service, which operates in the New Jersey and Chicago metropolitan regions, provides a plug-and-play solution for precise time distribution, addressing growing industry demands for accuracy and resilience in trading environments. “We are deeply committed to the low-latency business, where every nanosecond matters,” […]
October 15, 2024

SEC Comment Letter #4 on Nasdaq NY11-4 Facility: Nasdaq does not address issues raised or meet Exchange Act requirements for NY11 expansion. ‘Equalization Project’ timeline is far too long.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 4 (2024.10.15)
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)
October 26, 2023

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets The slides from his presentation are available here.
January 11, 2023

McKay Brothers Offers the Fastest US Futures Market Data in Shanghai

Ultra-low latency services now provide exchange data from IL to Shanghai. January 12, 2023- (Geneva, Tokyo) McKay Brothers International’s (MBI’s) Josada team has extended its lowest latency market data service into Shanghai. MBI’s QED service is the fastest way to receive select CME and ICE Futures market data, including: energy, metals, FX, agricultural/softs, and equities. The service can inform traders on local exchanges such as the Shanghai Futures Exchange (SHFE) and Shanghai Gold Exchange (SGE). […]
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