McKay Brothers’ low-latency networks and market data services have been endorsed by a minority investment from long-standing client Jane Street Group. The company’s founders continue to hold a controlling majority of McKay’s equity, with other minority investors including IMC, Tower Research Capital, Susquehanna International Group and XR Trading.
Stéphane Ty?, McKay Brothers co-founder, says: “Jane Street’s investment further validates McKay’s vendor model, which levels the playing field in financial markets by providing lowest latency service to all subscribers.”
Bob Meade, McKay Brothers co-founder, adds: “Jane Street’s investment will boost our ongoing drive to build and operate the lowest latency networks globally. Its backing supports McKay’s guiding principle of offering services distinguished by technical excellence, innovative engineering and a level playing field for all subscribers.”
McKay, through McKay Brothers, Quincy Data and other controlled affiliates, designs, builds and operates telecom networks and market data services for latency sensitive traders and risk managers of banks, funds and trading firms.