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

A-Team Insight Blogs

Quincy Expands QED with Eurex Futures

Subscribe to our newsletter

Quincy Data has expanded its Quincy Extreme Data (QED) service with the addition of bond and equity futures from Eurex that will be distributed to data centres across the UK, New Jersey and Illinois. This is the first European data source to be added to the service, which already distributes data from eight US exchanges using microwave technology.

Jim Considine, chief operating officer at Quincy Data, says the expansion has been under discussion for some time, with further growth of the service in Europe already underway. He comments: “This is a continuation of our strategy to add more data, from more exchanges, to more colocations. In concert with this, we are opening a data receive site in Basildon, east of London, for both data coming from Eurex in Germany and data coming from the US. We are also opening new POPs in the UK.”

Considine explains that firms considering building out their own microwave networks can spend a fraction of the cost by opting for Quincy’s microwave data-as-a-service. He adds: “By spreading the considerable cost of the network and its maintenance among many users, we can fragment our offer and make it ‘a la carte’ and more accessible. If, for example, you only care about a couple of foreign exchange symbols from the CME, or about Euro Stoxx futures in the UK, the Quincy service is affordable and a big benefit as it is a robust and commercial service.”

Looking forward, Considine says Quincy is planning to add further European data sources to QED while consolidating its position in the US with data distribution at the Mahwah, New Jersey data centre. An expansion into Asia may be a potential development in future, although Considine suggests that more limited arbitrage opportunities from Asia back in the US limit some of the appeal. He concludes: “We have licensed Liffe data and plan to release that in the fourth quarter, and we will continue to add colos and data sources as customer demand warrants.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating the Build vs Buy Dilemma: Cloud Strategies for Accelerating Quantitative Research

For many quantitative trading firms and asset managers, building a self-provisioned historical market data environment remains one of the most time-consuming and resource-intensive steps in establishing a new research capability. Sourcing data, normalising symbologies, handling corporate actions and maintaining infrastructure can take months and absorb significant budget before a single model is tested. At the...

BLOG

Rothera Leverages Adaptive Exchange Accelerator to Build Regulated Event Contract Venue

Rothera, the CFTC-regulated event contracts exchange and clearinghouse founded as a joint venture between Robinhood and Susquehanna International Group, has launched its trading and clearing platform on Adaptive’s Aeron Exchange Accelerator technology, going live in under five months, in time for the 2026 World Cup. The platform reports $3 billion contracts traded during its first...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

A-Team Group’s Valuations Vendor Directory 2009

An indispensable guide to valuations professionals seeking providers of services in the asset valuations market. A-Team Group’s latest release in its series of directories – available for FREE download – focuses on vendors of valuations data, models and analytics. But this is not just another list of firms with their telephone numbers – you can get that...