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: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

South Africa High on the List for Global HFT Firms

By Merlin Rajah, Head: Equities Electronic Product at Absa CIB. Infrastructure Evolution: JSE’s Leap Forward For exchanges, High-Frequency Trading (HFT) firms are a significant revenue driver – generating income through execution, clearing, settlement, colocation, and market data services. Sell-side firms benefit as well, gaining a steady revenue stream and an increased market share. A major...

EVENT

TradingTech Summit New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...