Switch and Data's site is the base for QuantHouse's QuantFEED application programming interface (API), which provides financial member firms in the New York, New Jersey metro area with reliable, sub-millisecond access to market data, and serves financial customers around the world.

According to recent exchange reports, daily U.S. equities trade volume surpassed the 13 billion mark in recent weeks and program trading comprises more than 60 percent of all trades. Switch and Data launched its Financial Services Practice in March to help pre- and post-trade service providers, the buy side, and sell side communities in the equities, options, futures, and currency markets scale their operations for these unprecedented volumes. The Practice helps customers develop and design comprehensive data center solution to address the volume and low-latency requirements of today's electronic trading markets.

"Proximity to the U.S. equities markets is essential to QuantHouse, and being strategically colocated near the major market centers gives us the ability to offer low-latency market data services to our customers," said Stephane Leroy, Head of Global Sales and Marketing at QuantHouse, a leading global provider of ultra low-latency market data and end-to-end systematic trading solutions. "With Switch and Data's help, we provide a competitive edge - enabling our customers to be ready for market demand, and, at the same time, maximizing their returns."

Switch and Data's 111 8th Ave. data center houses hundreds of fiber providers, carriers, managed service providers and financial Extranets. With its robust interconnections, it provides customers with direct access to equities, options, futures and currency markets in North America's leading financial centers. Additionally, QuantHouse's QuantLINK proprietary fiber optic network, which interconnects the exchanges with proximity hosting at the source, will be available to clients at the NYC location.

"Given today's historic trade volumes, the quest for alpha becomes even more competitive. Low-latency market data solutions are vital to any firm's trading strategy," said John Panzica, Vice President of Switch and Data's Financial Services Practice. "QuantHouse is a valuable addition to the growing Switch and Data financial eco-system and provides financial firms with a competitive edge when searching for trade opportunities."