Quincy Data has launched the fastest market data service between the largest U.S. and Canadian equities exchanges.
Quincy’s ultra-low latency QED service now distributes select content from over 200 equities and ETFs from NYSE-Arca and Nasdaq at the TMX data center in Markham, Ontario.
The latency from the NYSE data center in Mahwah, NJ to Markham is less than 1.755 milliseconds (ms) one-way. The latency from Nasdaq in Carteret, NJ to TMX is less than 1.940 ms one-way.
“For years, consumers of ultra-low latency market data in Toronto have had only one option,” said Quincy Data co-founder Stephane Tyc.
“We are excited to offer the fastest cross-listed market data on a level playing field to all market participants in Toronto.”
Quincy Data’s latest service reflects its ongoing commitment to serve Canadian market participants.
In the coming months, Quincy and sister company McKay Brothers plan to extend their market data and private bandwidth services to Toronto’s Equinix-TR2 data center.
Quincy Data also plans to distribute select TMX data in New Jersey later in 2024.
Quincy Data distributes an extensive portfolio of low latency market data globally.
These services include wireless-only and hybrid wireless-fiber options.
Overall, the company serves twenty-two of the largest trading centers globally, distributing data from seventeen of the most important exchanges in the world.