CM-CIC Securities, the investment arm of French banking group CM-CIC, has chosen a low-latency solution from trading technology provider QuantHouse to help it provide execution services to its buy- and sell-side clients across Europe.
The solution is composed of QuantFEED, QuantHouse’s end-to-end ultra low latency market data technology and QuantLINK, the firm’s proximity hosting and order-routing service.
“We are pleased to have selected QuantHouse low-latency market data and order routing solutions as those technologies are key drivers to deliver superior value-added execution services,” said Denis Saboureau, global head of execution services at CM-CIC Securities, in a statement.
Stephane Leroy, head of global sales and marketing at QuantHouse, added, “New regulations and technology innovations have recently enabled significant changes in the marketplace. The leaders of tomorrow are clearly the ones who are selecting new trading technologies today to leverage current market conditions for steady growth in the years to come.”
In addition to QuantFEED and QuantLINK, QuantHouse offers QuantFACTORY, a framework for developing algorithmic trading strategies.