Media Timeline

December 4, 2024

Quincy Data Launches Sub-Nanosecond Time Synchronisation Service

Quincy Data, provider of ultra-low latency market data technology, has introduced a Time Synchronisation as a Service (TSaaS) offering, designed to deliver sub-nanosecond accuracy for firms operating across major US financial exchanges. The service, which operates in the New Jersey and Chicago metropolitan regions, provides a plug-and-play solution for precise time distribution, addressing growing industry demands for accuracy and resilience in trading environments. “We are deeply committed to the low-latency business, where every nanosecond matters,” […]

November 13, 2024

Quincy Data Announces Sub-Nanosecond Time Synchronization Service

November 13, 2024 – Chicago, IL & Oakland, California – Quincy Data, the leading ultra-low latency market data technology provider, today announced a time synchronization service covering major US financial exchanges that is precise to sub-nanoseconds. Quincy’s Time Synchronization as a Service (TSaaS) provides a plug-and-play solution for precise time distribution across the New Jersey and Chicago metro regions. As trading firms seek greater precision and resilience, Quincy’s TSaaS simplifies the complexity of building advanced […]

November 12, 2024

McKay Brothers Receives Minority Investment from Citadel Securities

12 November, 2024 – OAKLAND, CHICAGO, GENEVA & PARIS — McKay Brothers (“McKay” or “the Company”), a market leader in ultra-low latency market data and wireless networks, today announced that Citadel Securities has made a minority investment in McKay to support the continued growth of its global data and connectivity business. Under the terms of the transaction, Citadel Securities will receive an equity stake in the Company and McKay’s co-founders, Stéphane Tyč and Bob Meade, […]

October 15, 2024

SEC Comment Letter #4 on Nasdaq NY11-4 Facility: Nasdaq does not address issues raised or meet Exchange Act requirements for NY11 expansion. ‘Equalization Project’ timeline is far too long.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 4 (2024.10.15)

July 24, 2024

SEC Comment Letter #3 on Nasdaq NY11-4 Facility: Nasdaq expansion to NY11-4 prior to equalization is a violation of the Exchange Act, is a burden on competition, and unfairly discriminates between different customers.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 3 (2024.07.24)

June 18, 2024

SEC Comment Letter #2 on Nasdaq NY11-4 Facility: Nasdaq operation of NY11 and NY11-4 ‘differently’ requires a rule change and explanation. Nasdaq’s NY11‘Equalization Project’ should be completed before expansion to NY11-4.

View full response here: McKay Bros – Nasdaq NY11-4 Comment Letter 2 (2024.06.18)

June 3, 2024

Mike Schonberg presents “Big distances, tiny tolerances: Making time sync precise over a wide area” at Spring STAC Summits 2024

April 15, 2024

Quincy Data Distributes the Lowest Latency Market Data Between New Jersey and Toronto-TMX

The QED service is fastest from NYSE/Nasdaq to TMX April 8, 2024 (Oakland, CA) Quincy Data has launched the fastest market data service between the largest US and Canadian equities exchanges. Quincy’s ultra-low latency QED service now distributes select content from over 200 equities and ETFs from NYSE-Arca and Nasdaq at the TMX data center in Markham, Ontario. The latency from the NYSE data center in Mahwah, NJ to Markham is less than 1.755 milliseconds […]

March 22, 2024

SEC Comment Letter #1: Nasdaq’s new NY11-4 facility requires substantial and transparent SEC rule filing process to avoid unfair and discriminatory burdens on competition.

Read full response here: Quincy Data – Nasdaq NY11-4 Comment Letter (2024.03.22)

October 26, 2023

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets The slides from his presentation are available here.

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