QuantHouse reports deal with European hedge fund

Source: Quant House

Quant House, the ultra low latency market data feeds, feed handlers and solutions provider for quant traders and low latency sensitive financial institutions, today announced that one of the largest continental European hedge fund with 2,5B$+ assets under management has selected Quant House technology to benefit from sub millisecond Direct Market Accesses to more than 10 futures and equity exchanges both in Europe and in the US.

This agreement includes the licensing of feedhandlers for multiple markets such as: CME, CBOT, Eurex, Euronext, Euronext-Liffe, NYSE, OPRA, Inet, Arca, ISE, BOX.

Pierre Féligioni, CEO & Founder of Quant House, commented: "To be chosen by a European leader in quantitative trading is a clear demonstration of Quant House superior feed handler technology and support services capabilities. We're very pleased as such win clearly tells us that we are developing the right technology at the right time to help the financial community to be prepared for the current market shift from screen based trading to program based trading."

Stéphane Leroy, Head of Global Sales and Marketing at Quant House, added: "Innovators and Early Adopters of both buy side and sell side communities are really showing the way of where the program trading market is going. The market data solutions for program based trading will have nothing to do with current legacy market data infrastructures for screen based trading: the combination of Direct Market Accesses and powerful feed handler technologies will be among the key success factors to ensure successful algorithmic trading businesses."

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