In the News

By: John Detrixhe Deal comes as some traders signal truce in arms race for speed McKay is open to receiving investments from other firms Speed trader IMC BV bought a stake in a company that builds microwave radio systems for trading, providing funding that will help the data network compete in the arms race to shave microseconds off trading times. The Dutch company’s minority stake will provide cash to McKay Brothers, a small, closely held firm that […]

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 […]

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), […]

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 […]

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 […]

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 […]