SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

News Feed Item

Quincy Extreme Data Now Fastest to London and Frankfurt

Aurora-Slough LD4 in 35.39 ms and Aurora-Frankfurt in 37.79 ms; more UK colos to follow

OAKLAND, Calif., April 23, 2014 /PRNewswire/ -- Quincy Data, LLC announced that its Quincy Extreme Data service is distributing Aurora-sourced data to London's Slough-LD4 data center in 35.39 milliseconds (ms) and to Frankfurt's-FR2 data center in 37.79 ms. Both routes offer the lowest known latency for any commercially available service and will receive substantial upgrades over the next several months to ensure that the QED service remains the fastest.

"Quincy's European expansion is our next phase in delivering a market data service that is fast, fair and flexible," says co-founder Stephane Tyc. "At last, the lowest latency market data can be bought as a service, lowering barriers to entry and fostering competition." 

Quincy's announcement includes plans for further expansion of its European service, adding more London POPs over the next two months. Soon Quincy will distribute select data from Eurex to London, NJ and Illinois at what the company believes are lowest commercially available latencies.  Quincy Data currently distributes market data at the lowest known latency in the US, along the key route connecting Illinois and New Jersey and another connecting Aurora, IL with 350 E. Cermak in Chicago.

"We are committed to supporting fair and robust markets by making the fastest data widely obtainable," says Jim Considine, Quincy's Chief Operating Officer. "On route after route, Quincy offers the deepest dataset, broadest footprint and fastest delivery. We are pleased to offer to clients more and more data in more and more trading centers around the world."

Quincy Data is the leading provider of extremely low latency market data and is accelerating its rollout of additional US and European exchange data. For this European expansion, Quincy capitalizes on wireless bandwidth from an unaffiliated telecom provider. The initial service bests all comers, and after the noted upgrades, will operate within 10 microseconds of the provider's best internal speed and likely the best end-to-end speed achieved by any combination of private and commercial routes.

Market data delivered over microwave is moving rapidly beyond early adopters into the mainstream. The latency advantage of microwave over fiber is a physical constant, varying only by the length of the route. However, pure latency is not the most compelling driver. The primary motivation for adoption of microwave market data today is that risk management decision cycles are smaller than the fiber-to-microwave latency differential.

"When risk management algorithms are faster than the few milliseconds' edge of microwave over fiber, our data service becomes an obvious choice. With fiber, you base your decisions on stale data," says Tyc. "This very practical and powerful arithmetic is driving mainstream adoption of the Quincy Extreme Data service."

The momentum toward the mainstream has changed the competitive landscape of microwave market data. "Data consumers have shifted their focus from competing on speed to partnering on speed," says Considine. "As an independent provider dedicated to a level playing field, Quincy aims to be the partner of choice."

All latency figures quoted are one-way.

About Quincy Data, LLC
Quincy Data is the leading microwave distributor of extremely low latency market data. Live since 2012, the Quincy Extreme Data service offers an integrated and normalized feed of select market data sourced from multiple financial exchanges in the US and Europe and offered in exchange colocation centers in Illinois, New Jersey, the UK and Frankfurt. Quincy is dedicated to leveling the playing field for extremely low latency market data and being the data provider of choice among electronic trading desks of all sizes.

SOURCE Quincy Data, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...