In the News

May 16, 2016

McKay Adds Marseille, Madrid PoPs for EMEA, India Connectivity

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 […]
May 13, 2016

Quincy: Latency Reductions ‘Nearing Perfection’ on Aurora-NJ Data Network

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. […]
May 10, 2016

Lower Latency and Lower Cost: Having Your Cake and Eating It Too

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), […]
May 5, 2016

McKay Boosts European Futures Content on QED Wireless Data Service with Euronext Data

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 […]
January 15, 2016

Quincy Eyes Asia, Fixed Income for Growth

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 […]
December 17, 2015

McKay Brothers Completes UK Local Wireless Network at Lowest Known Latency

December 17, 2015 / Geneva, Switzerland / McKay Brothers International’s (MBI) Central London POP, adjacent to the London Stock Exchange, is now live.  The Central London POP completes MBI’s UK Local millimeter wave network. MBI connects data centers serving major UK equities, interest rate and FX matching engines at the lowest known latency. For example, latency from Slough-LD4 to a MBI’s Central London POP is 272 microseconds round trip.  Slough-LD4 to Interxion’s Central London location […]
October 13, 2015

Observing News Propagation

Observing News Propagation written by: Stéphane Tyc and Imad-Eddine Srairi   Abstract Large and sudden changes in prices in broad market indices reflect the release of macro news. The detailed observation of the times of these moves can provide lower bounds for the time of transmission of information between data centres. We have studied one macro events and provide our findings. The propagation of news on land in the United States is well explained by […]
August 4, 2015

For His Next Trick, Barefoot Genius Aims to End Broker Rip-Offs

For His Next Trick, Barefoot Genius Aims to End Broker Rip-Offs by Ryan Hoerger and John Detrixhe for Bloomberg August 3, 2015 — 4:00 PM PDT Updated on August 4, 2015 — 4:00 AM PDT The man who helped revolutionize high-frequency trading greets guests to his Paris office in his bare feet. “I apologize for not dressing up,” said Stephane Tyc, 54, whose scheme to send trade data via microwave towers in the U.S. and Europe has paid off […]
June 3, 2015

OPINION: How to Measure Best Execution?

June 1, 2015 (Link to original article)  In the latest issue of the London Review of Books, a sociology teacher at the University of Edinburgh manages to successfully explain the history of dark pools to a general audience. In his article “Dark Markets”, Donald MacKenzie, who has been supported by the European Research Council to look into automated trading, goes right back to Instinet setting up the Crossing Network in 1986 and Posit being launched […]
April 21, 2015

Quincy Data featured in the Harrington Starr’s FinTech Capital book – April 2015

Quincy Data is featured in the Harrington Starr’s FinTech Capital book. An article by Stephane Tyc, “A Technical Solution to Best Execution” is featured in the regulation section.   For the full version of The Fintech Capital, click here.