US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
A summary of some of the past week's financial technology news.
Catch up on some of the past week's financial technology news.
In addition to rolling out the new PoPs, McKay will deliver a fully microwave network to Zurich next year.
The metals data will be available over the QED service at datacenters in the UK, Europe, and the US.
The service allows Singapore-based traders to access data from the Osaka Securities Exchange in less than 31.5 milliseconds.
The microwave network provider has sold 25 percent of its business to raise funding over the past six months to continue reducing network latency.
A hybrid of undersea fiber and microwave connectivity is enabling McKay to deliver the lowest-know latency between Tokyo and Singapore.
Today's financial markets are as much a matter of geographical design as fundamental structure, where correlations can be triangulated on a map.
The initiative reduces latency between the two main cash markets for US Treasuries.
A combination of new transatlantic fiber and ongoing efforts to reduce latency on its microwave networks have resulted in overall latency improvements between Chicago, New York, the UK and continental Europe.
The investment will support the continued growth of McKay’s network business.
McKay's new PoP in Marseille will provide a stepping stone for connectivity from Europe to markets experiencing increased demand in the Middle East.
The microwave data provider's latest improvements bring it closer to the physical limits of low-latency wireless data transmission between Illinois and New Jersey, officials say.
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.
After initially focusing on the US and Europe for equities and derivatives, Quincy is now looking to Asia and bond markets.
McKay is claiming to have the lowest-known latency between key datacenters in and around London.
It's not just about speed; it's what you do with it that counts.
The move will shorten data latencies between Frankfurt and traders located in central London.
New microwave route will connect Equinix datacenters hosting key marketplaces in each financial center.
Oakland, Calif-based low-latency microwave connectivity and market data provider Quincy Data is to use USAM Group—a New York-based outsourced sales agency recently set up by Feargal O’Sullivan, a former sales and solutions executive at NYSE Technologies,…
Oakland, Calif.-based low-latency market data vendor Quincy Data has added futures data from Deutsche Borse's Eurex derivatives exchange to its Quincy Extreme Data (QED) service, a normalized feed of market data sourced from exchanges worldwide and…
Low-latency market data provider Quincy Data has added equity and energy futures data from the IntercontinentalExchange (ICE) and US Treasury bond data from Nasdaq’s eSpeed electronic bond trading platform to its Quincy Extreme Data microwave service, to…