In the News

In this article, Mike O’Hara and Adam Cox of The Realization Group look at the trend of financial firms – on both the sell side and the buy side – outsourcing their trading infrastructure to specialist providers at co-located data centres. The prospect of outsourcing such a vital part of a trading firm’s operations has enormous implications, from cost to performance to business models. Mike and Adam hear from Stéphane Tyč, Co-founder of McKay Brothers, Ken Barnes, […]

By: John Detrixhe Deal comes as some traders signal truce in arms race for speed McKay is open to receiving investments from other firms Speed trader IMC BV bought a stake in a company that builds microwave radio systems for trading, providing funding that will help the data network compete in the arms race to shave microseconds off trading times. The Dutch company’s minority stake will provide cash to McKay Brothers, a small, closely held firm that […]

Joanne Faulkner 16 May 2016 McKay’s new PoP in Marseille will provide a stepping stone for connectivity from Europe to markets experiencing increased demand in the Middle East. Microwave connectivity provider McKay Brothers has added new points of presence in Marseille and Madrid as “receive sites” for McKay’s private bandwidth subscribers who transmit data from Equinix’s LD4 datacenter in Slough and its FR2 datacenter in Frankfurt, and Euronext’s co-location center in Basildon. Officials say the […]

BY: Faye Kilburn Inside Market Data Subscription required The microwave data provider’s latest improvements bring it closer to the physical limits of low-latency wireless data transmission between Illinois and New Jersey, officials say. Low-latency market data provider Quincy Data has reduced the latency of its Quincy Extreme Data (QED) microwave service between CME Group’s datacenter in Aurora, Illinois and multiple datacenters in New Jersey to meet the requirements of trading firms located in both regions. […]

By Stephane Tyc For years now we have heard about how banks are under increasing pressure to cut costs. In the post-crisis era, a large proportion of spending has had to be earmarked for upgrading systems to meet regulatory requirements. With the latest annual cost of compliance survey from Thomson Reuters showing that 70% of firms expected regulators to publish more regulatory information concerning requirements (with more than a quarter of firms expecting “significantly” more), […]

The vendor says the QED millimeter-wave wireless service will provide the lowest latencies between Euronext’s co-location facility and other key London datacenters. Joanne Faulkner May 5, 2016 Microwave connectivity provider McKay Brothers International has added equity index futures data from pan-European exchange group Euronext to the Quincy Extreme Data (QED) ultra-low latency wireless data service operated by sister company Quincy Data. Officials say QED subscribers can now receive data on select Euronextinstruments at the lowest […]

After initially focusing on the US and Europe for equities and derivatives, Quincy is now looking to Asia and bond markets. Low-latency market data provider Quincy Data plans to add fixed income data to its Quincy Extreme Data microwave service and expand its footprint to Asia in 2016, after completing its London offering at the end of last year. In December, Quincy’s sister company, microwave network provider McKay Brothers, completed its UK millimeter wave network […]