Quant House Partners, Plans Asian Feeds, Handlers for 2007

French low-latency datafeed and technology provider Quant House is planning to enter the Asian market early next year with the introduction of direct feeds and feed handlers for a number of Far East exchanges.

Stéphane Leroy, head of global sales and marketing at Quant House in Paris, says that in the first quarter of 2007, the vendor plans to release feed handler software for the Hong Kong and Osaka stock exchanges and the SGX Singapore Exchange. At the same time, he says, the vendor will also make those exchanges' Level 1 and Level 2 data available via Quant House's QuantFeed hosted datafeed delivery model.

Then in Q2 of next year, the vendor will add feed handlers for the Sydney Futures Exchange and Tokyo Stock Exchange, he says.

Quant House offers three models to receive data: If clients already have feeds in place, the vendor can install its ticker plant—which includes a feed handler layer, an API and a storage layer that saves every tick for back-testing strategies or for MiFID compliance—at a client location; clients can retrieve QuantFeed from the vendor's nearest hosting center—in Paris, London, Frankfurt, New York, Chicago and Hong Kong; or they can co-locate their black box algorithms within Quant House's centers.

"For Asia, we are just building out our network as we speak, and it will be available in Q1 2007," Leroy says. Quant House owns its own dedicated dark fiber network. The round-trip delay between its Hong Kong point of presence and its Paris hub is 230 milliseconds—or one-way latency of 115 milliseconds.

This week, the vendor also plans to announce a deal with an un-named local partner in the region that will give it "several representatives in Asia," Leroy says. "We will have a way to distribute our technology in Asia without having full-time Quant House staff." However, at press time he declines to name the third party.