Quincy Data Announces Launch of Extreme-Low Latency Wireless Market Data Over The McKay Brothers’ Microwave Network Quincy Data Creates the Competitive Edge in a Matter of Milliseconds

McKay Brothers announces new milestones in low latency networks. Quincy Data extends its latency advantage on market data delivery using McKay Brothers network
February 5, 2013

Quincy Data Announces Launch of Extreme-Low Latency Wireless Market Data Over The McKay Brothers’ Microwave Network Quincy Data Creates the Competitive Edge in a Matter of Milliseconds

[OAKLAND, CA], December 21, 2012 — Quincy Data is live with the Quincy Extreme Data (QED) Service offering financial market data to exchange-collocated clients over an extremelow latency microwave network linking the Chicago and New York trading centers. Being milliseconds ahead of the competition can lead to significant increase in profits and reduction of risk for Quincy’s bank, dealer and trading clients.

The QED Service integrates and normalizes market data from multiple US financial exchanges, including CME, CBOT, NYMEX and COMEX and delivers a select subset of the data to licensed customers through microwave network technologies powered by McKay Brothers to co-location facilities in Illinois and New Jersey at speeds materially faster than lowest latency fiber. With the QED Service, market-makers, banks, and trading houses large and small can receive the most pertinent market data over a proven wireless route.

At Quincy, we recognize that fast access to relevant market information is critical and providing clients with low-latency pertinent market data is our main objective,” states Stephane Tyc, Ph.D., Co-Founder of Quincy Data. “As former traders and career-long physicists, we understand that fractions of a second can mean significant gains and/or losses for traders and risk managers. With the QED Service we offer our customers an essential tool for staying ahead of their competitors.

Jim Considine of Quincy Data adds, “This is a very exciting time for Quincy. The McKay Brothers microwave route, live since July 2012, is – we believe – the straightest microwave path we could find in this important corridor. We are now able to offer the trading community in New York CME Group data more quickly than ever before, giving our customers that extra competitive edge. As we continue to grow, our customers will benefit from McKay’s continuing investment in its network’s speed, reliability and colocation breadth as well as from Quincy’s own additions of ETF, Bond, F/X and Equity Index data.

The QED Service is customizable such that clients can select only the market data they need as well as the co-location facilities wherein they would like to receive the data. Quincy is currently offering clients the opportunity to use the QED Service without any long-term financial commitment. To learn more about the QED Services and pricing, visit www.quincydata.com.

About Quincy Data, LLC

Quincy Data is an extreme-low latency market data provider, powered by the McKay Brothers Microwave Network. The Quincy Extreme Data (QED) Service sources data from multiple US financial exchanges and offers an integrated and normalized feed in multiple exchange colocation centers. Quincy is dedicated to being the low-latency market data provider of choice among electronic trading desks large and small. Additional information is available at www.quincy-data.com

About McKay Brothers, LLC

McKay Brothers is a specialty microwave telecommunications company: dedicated to engineering, building and operating best-in-class extreme-low latency networks between financial centers. McKay’s first long haul route – connecting Aurora, IL to Newark and Secaucus, NJ – has been in production with live customer trading since July 2012. It delivers to customers latencies substantially lower than best-in-class fiber optics. Network extensions, such as additional exchange colocation centers in NJ and Chicago, continue to be unveiled. Additional information is available at www.mckay-brothers.com

CONTACT: Stephane Tyc, contact@quincy-data.com, or Media relations, contact@mckay-brothers.com