Quant House, a provider of end-to-end program trading solutions, has announced its new status as a market data vendor for the London Stock Exchange. Quant House will combine its own feed handler technology and proprietary global fibre optic network with the exchange's real-time market data delivery system Infolect. According to Quant House, the new service will deliver the Infolect data stream's sub-millisecond connectivity to hedge funds and latency-sensitive financial institutions in Chicago, New York, Paris, Frankfurt and London.
"We are happy to increase our market coverage with a tier-one exchange," says Pierre Feligioni, CEO and founder, Quant House. "Quant House clients have the possibility to migrate to Quant House services to improve their performance while reducing their costs. In addition to that, our new market data storage and replay services allow clients to out-task the burden to set up this kind of infrastructure in order to benefit from leading edge back-testing infrastructures from day one," he adds.
"Infolect improves the delivery of data directly to our algorithmic trading customers," comments Wendy Morgan, head of real-time data, London Stock Exchange. "As an end-to-end program trading solution provider, we are glad to have Quant House as a data vendor as they are accustomed to providing low-latency services to demanding program trading firms globally," she continues.