About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

McKay and Quincy Offer Low Latency Market Data Across New Jersey Equity Triangle

Subscribe to our newsletter

McKay Brothers and Quincy Data have connected the exchanges in the New Jersey Equity Triangle with what they say is the lowest latency in the market. The companies’ services link equity exchanges in Mahwah, Carteret and Secaucus, with the McKay network currently offering two-way market data and private bandwidth services between Mahwah and Carteret as well as Mahwah and Secaucus. A one-way service from Carteret to Secaucus will be available within days and a two-way service in the third quarter.

The services are made possible by a path that is almost perfectly straight and bandwidth capacity that significantly reduces buffering during market bursts. McKay’s exclusive licence to the 28GHz band eliminates signal interference, which is a common issue for incumbent networks operating in the congested New Jersey corridor.

The Quincy Raw Data (QRD) service distributed across the McKay network provides equity market data in native exchange formats and distributes raw exchange equity feeds from one exchange to the data centres of the other two at the lowest latency. The Quincy Protected Data (QPD) service offers the same exchange data feeds, combining wireless with fibre to deliver fast and reliable data offerings to the New Jersey Equity Triangle.

The services should help brokers fulfil best execution obligations for clients trading US stocks and exchange-traded funds. Stephane Tyc, McKay and Quincy co-founder, comments: “It has been nearly impossible for firms to obtain the timeliest market data between the largest US stock exchanges, as the best latency on two legs of the New Jersey Equity Triangle has been controlled by private trading firms. Our new services provide all firms with the chance to compete on an equal footing.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Modernising Data Infrastructures: Challenges and opportunities of managing complex financial data and analytics in hybrid and multi-cloud environments

As they forge ahead with their digital transformation programs, financial institutions are finding that the internal platforms they use to manage complex data sets for trading, investment, risk, and compliance are no longer fit for purpose. The ongoing shift toward cloud hosting is forcing practitioners to manage the transition from deeply entrenched legacy platforms to...

BLOG

Archax Raises $28.5m in Series A Funding

Archax, the UK FCA-regulated digital asset exchange, brokerage and custodian, has closed a Series A funding round of $28.5 million, with investors including abrdn as lead strategic investor, alongside Bitrock Capital, Blockchain Coinvestors, CE Innovation Capital, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital, The Tezos Foundation and others. Archax is the UK’s first digital...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Trading Regulations Handbook 2022

Welcome to the third edition of A-Team Group’s Trading Regulations Handbook, a publication designed to help you gain a full understanding of regulations that have an impact on your trading operations, data and technology. The handbook provides details of each regulation and its requirements, as well as ‘at-a-glance’ summaries, regulatory timelines and compliance deadlines, and...