Raw Data (QRD,QPD)

US Equities Market Data at the Lowest Latency

Full NYSE, NASDAQ and Cboe Feeds in the Native Exchange Format at the Lowest Latency

Fast, reliable communications between the largest US equities exchanges is mission critical for effective trading of US stocks. Accurate market data across venues is an indispensable risk management tool for broker-dealers and market makers. The lowest latency market data is essential to support best execution standards.

Unfortunately, the lowest latency market data had not been available to most firms. Private trading firms controlled the lowest latency on two legs of the NJ Equity Triangle. A hodgepodge of service providers competed for the best latency on the final leg. This situation made it nearly impossible for firms to receive the fastest market data between the three largest US stock exchanges.

Quincy Data offers full market data feeds from the three largest US equity exchange groups. The Quincy Raw Data (QRD) and Quincy Protected Data (QPD) services distribute stock and ETF market data in the native exchange formats at the lowest latency.

All firms can now receive US stock market data on a level playing field.


The three largest US stock exchanges - NYSE, Nasdaq and Cboe – control the majority of the US equities trading. The exchanges’ trading centers are located in New Jersey, forming a geographic triangle bound by Mahwah, Carteret and Secaucus.


Futures Market Data at the Lowest Latency


Full CME NYMEX Energy Feed in the Native Exchange Format at the Lowest Latency

Risk managers and traders know the some of the most active and important trades occur between futures markets based in Aurora and Chicago, Illinois. Crude oil, natural gas and energy derivative products – as well as spreads among them – are traded in high volume by both industry and financial market firms. Equity futures draw enormous interest from traders and risk managers. The challenge for market participants has been that the lowest latency, commercially available market data has been distributed over slower wireless networks than was available to private trading firms. The Quincy Raw Data (QRD) service now redistributes the CME Group’s NYMEX Globex Crude (382) and Natural Gas (386) futures feeds as well as the CME Globex Equity Futures E-mini S&P500 feed (310) in their native exchange formats at 350 E. Cermak in Chicago. QRD - the same service that leveled the playing field for the US equity markets in New Jersey – is now available for the two largest US futures exchanges. The QRD service redistributes all contracts, spreads and implieds.


The most active and important trade is between energy futures markets based in Aurora and Chicago, Illinois.
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Quincy Raw Data (QRD) Service


QRD is a wireless-only market data service that redistributes equity and futures exchange feeds in the native exchange format at the lowest latency. QRD employs a high capacity wireless network. QRD experiences less buffering during market bursts than incumbent services. QRD is free from signal interference, common among existing networks in the crowded NJ and IL trading corridors.
  • Lowest latency market data service

  • Far less buffering during market bursts

  • NJ equity exchange feeds: Nasdaq TotalView FPGA and Software ITCH, BX ITCH, Arca Integrated, NYSE Integrated, BZX, EDGX, BYX, EDGA & CFE

  • Illinois futures exchange feeds: NYMEX Globex Crude & Crude Refined Futures (382), NYMEX Globex Nat Gas & other Non Crude Energy Futures (386), CME Globex Equity Futures - E-mini S&P 500 (310)

  • Three-month contracts
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    Quincy Protected Data (QPD) Service


    The QPD market data service utilizes the same high capacity wireless backbone as QRD. It reaps the same advantage of less buffering during market bursts and is not subject to signal interference. The QPD service includes a built-in fiber component. QPD is faster, cheaper and more reliable than incumbent market data services.

  • Faster than incumbent white label market data services

  • Exchange Feeds: Nasdaq TotalView FPGA and Software ITCH, BX ITCH, Arca Integrated, NYSE Integrated, BZX, EDGX, BYX, EDGA & CFE

  • Three-month contracts
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    Available In Native Exchange Format

    NYSE

    Arca Integrated
    NYSE Integrated

    Nasdaq

    TotalView FPGA
    TotalView ITCH (software)
    BX-ITCH

    Cboe

    BZX
    EDGX
    BYX
    EDGA
    CFE

    CME Group

    NYMEX Globex Crude & Crude Refined Futures (382)
    NYMEX Globex Nat Gas & other Non Crude Energy Futures (386)
    CME Globex Equity Futures - E-mini S&P 500 (310)

    Advantages of the QRD and QPD Services


  • Lowest Known Latency services

  • High capacity network results in less buffering during market bursts

  • No signal interference: Exclusive use of a licensed band eliminates signal interference, common with incumbent millimeter wave services

  • Three-month contracts & discounts for small firms

  • Fiber backup with QPD service












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    New Jersey & Il Metro Private Bandwidth is offered by McKay Brothers.
    Click here to learn more about our New Jersey and Illinois Metro Private Bandwidth product