McKay Brothers
Bloomberg, industry bodies push back on Cboe’s proposed OEMS rule change
Some industry bodies disagree with the options exchange’s proposal to carve its Silexx OEMS out of the SEC’s definition of an exchange facility and place it into a separate business line.
This Week: Afme on T+1, Anna/Isin, McKay Brothers/Quincy Data and more
A summary of the latest financial technology news.
Smashing barriers: How shortwave frequencies are making trading firms faster
Improvements in shortwave radio frequencies could be a leap forward in the latency race. But given the costs and technical challenges, is it worth the investment?
This Week: CME Group, Genesis, McKay Brothers and more
A summary of the latest financial technology news.
2021 saw market data’s quiet revolution
This year, the SEC pulled the trigger on competing consolidated tapes and a new market data governance plan. In 2022, we will know if some of it can go ahead, or remain stymied by legal battles.
Fee filings cloud hopes for cheaper NMS data
Aspirant ‘competing consolidators’ were hoping for a lot more leeway than they got in an important fee filing, Jo says. By Jo Wright
Market data hopefuls await deadline with bated breath
August 9 is when regulators could approve the governance plan for the new system of datafeeds in the US. Jo says this would be an important step forward for those hoping to create new businesses under the regime.
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
SEC’s Market Data Infrastructure Rule Not Easily Said or Done
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
This Week: VMWare, Samsung and Salesforce; Wolters Kluwer; Verint, Cloud9; TP Icap; and more
A summary of some of the past week's financial technology news.
This Week: Goldman/Finos; JP Morgan/Baton; Caixa AM; IHS Markit
Catch up on some of the past week's financial technology news.
McKay Adds Milan, Zurich PoPs to Microwave Network
In addition to rolling out the new PoPs, McKay will deliver a fully microwave network to Zurich next year.
McKay Adds LME Metals Data to QED
The metals data will be available over the QED service at datacenters in the UK, Europe, and the US.
McKay Launches Osaka-Singapore Microwave Data Service
The service allows Singapore-based traders to access data from the Osaka Securities Exchange in less than 31.5 milliseconds.
McKay Sells Minority Stake to HFT Firm Tower Cap
The microwave network provider has sold 25 percent of its business to raise funding over the past six months to continue reducing network latency.
McKay Brothers Expands Into Asia With Tokyo-Singapore Route
A hybrid of undersea fiber and microwave connectivity is enabling McKay to deliver the lowest-know latency between Tokyo and Singapore.
Opening Cross: Three Angles to Every Story
Today's financial markets are as much a matter of geographical design as fundamental structure, where correlations can be triangulated on a map.
McKay Lowers Latency Between NJ ‘Treasury Triangle' Datacenters
The initiative reduces latency between the two main cash markets for US Treasuries.
McKay/Quincy Reduce Chicago-Europe Transatlantic Latency
A combination of new transatlantic fiber and ongoing efforts to reduce latency on its microwave networks have resulted in overall latency improvements between Chicago, New York, the UK and continental Europe.
McKay Brothers Sells Minority Stake to HFT Firm IMC
The investment will support the continued growth of McKay’s network business.
McKay Adds Marseille, Madrid PoPs for EMEA, India Connectivity
McKay's new PoP in Marseille will provide a stepping stone for connectivity from Europe to markets experiencing increased demand in the Middle East.