25 May 2017
Book a meeting today

QuantHouse signs Russia's BCS

18 February 2013  |  1510 views  |  0 Source: S&P Capital IQ

QuantHouse, S&P Capital IQ's Real Time operation and the global provider of next generation trading solutions, has partnered with the European arm of leading Russian financial institution BCS Financial Group ('BCS'), to launch low latency market data for MICEX-RTS - Russia's main equity market.

In addition, BCS is leveraging its trading infrastructure and advanced algo-trading development tools.

There is established and long-term demand among European buy-side firms, hedge funds and specialist trading firms to access the Russian market. Coupled with this, is the increasing investment in smart and cost-effective technology to exploit arbitrage opportunities that exist between the prices of securities listed on multiple venues.

"As a result of the MICEX-RTS merger, there is an even greater demand for faster and more efficient trade flows in Russia," comments Nils Jahn, Head of Prime Brokerage and CRM at BCS. "Against a backdrop of under-developed electronic trading for financial firms within the country, BCS has been at the forefront of adopting innovative products to keep both our clients and ourselves ahead of the curve. Our business has had a very successful few months in which we climbed to first position on MICEX, are now in the top three on the local FX market SELT and are in the top three on FORTS, with a strong positive trend upwards."

QuantFEED allows BCS to offer its international clients a competitive advantage in terms of market data latency by giving them the cutting-edge into the matching engine. It also opens up Russian securities to a broader investor audience with global participants being able to get Russian data through a consolidated feed. In conjunction with this, QuantLINK provides the trading infrastructure to allow the highest level performance, while the implementation of QuantFACTORY will significantly optimize each step of the automated trading development cycle, from data acquisition to alpha discovery and from back-testing to production.

"QuantHouse supplies vital tools for brokers, which facilitate access to fresh markets and enable the identification of new opportunities," added Stephane Leroy, Vice-President, Head of Global Real Time Solutions at S&P Capital IQ. "We understand that maintaining pace with competitors is key to the survival of financial firms, who are regularly limited from providing a complete offering to latency-sensitive clients by outmoded technology. Our solutions eliminate these shortfalls."

QuantFEED, the company's end-to-end ultra low latency market data feed, captures raw data from within the exchange, performs microsecond decoding and delivers normalised data through a single API (C++, Java or C#). It provides the balance between costs, development and latency, and is already utilised across the US, Europe and Asia.

QuantLINK is the ultimate trading infrastructure combining QuantHouse proprietary fiber optic network interconnecting the heart of the exchanges with proximity hosting at the source.

QuantFACTORY enables quant traders, researchers and developers at banks, hedge funds and prop desks to quickly build and deploy alpha models. The product's foundation layer provides a powerful Application Programming Interface (API), to build computerized quantitative trading systems. It handles all asset classes (futures, forex, equities and bonds etc.) and runs multiple models on different timescales at the individual user's request. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.events.sap.comDownload the paper nowvisit vasco.com/news/PSD2-compliant-solutions

Top topics

Most viewed Most shared
Banks must get on AI bandwagon now – new Finextra researchBanks must get on AI bandwagon now – new F...
9172 views comments | 22 tweets | 31 linkedin
Google and PayPal partner for mobile shopping by fingerprintGoogle and PayPal partner for mobile shopp...
9147 views comments | 28 tweets | 28 linkedin
Twins fool HSBC voice biometrics - BBCTwins fool HSBC voice biometrics - BBC
8922 views comments | 21 tweets | 24 linkedin
BBVA brings info and payments to social and messaging networksBBVA brings info and payments to social an...
6741 views comments | 11 tweets | 17 linkedin
UK SMEs missing out on £1.6bn by not accepting 'next gen' paymentsUK SMEs missing out on £1.6bn by not...
6628 views comments | 24 tweets | 18 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job