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Turquoise selects QuantHouse data feed

21 April 2009  |  3331 views  |  0 Source: QuantHouse

QuantHouse, the leading independent provider of end-to-end systematic trading solutions today announced that Turquoise, the Multi-lateral Trading Facility established by nine leading European investment banks has chosen QuantFeed, QuantHouse's end-to-end ultra low latency market data solution to obtain inbound real time data from across the European equity markets.

Commenting on the announcement, Pierre Feligioni, General Manager & co-Founder of QuantHouse, said, "We are delighted that Turquoise has chosen QuantHouse's low latency market data solution. Turquoise is a hugely innovative trading platform, which offers high throughput and ultra-fast response times to the most demanding trading specifications in the world. This represents another confirmation from the market of the quality, reliability and low-latency performance of our market data solution."

Yann L'Huillier, Chief Information Officer for Turquoise, added: "Turquoise is dedicated to offering advanced functionality and high levels of trading performance. Low latency market data technologies are crucial to providing these standards and we are pleased to be working with QuantHouse, who has a proven quality of service and delivery. Adding QuantHouse to our current market data offering makes us the only MTF to have dual inbound market data providers, and ensures full redundancy and protection to our users.

Stephane Leroy, Head of Global Sales and Marketing at QuantHouse, concluded, "MiFID has enabled significant changes to the European capital markets and innovative companies providing next generation trading services are emerging. By controlling the end-to-end low latency market data R&D process, QuantHouse is a provider of choice for those firms that are looking for expertise and independence."

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