Quanthouse details growth plans

Expansion plans by low-latency trading solutions provider Quanthouse, including two senior hires and the relocation of its London premises, will also encompass Asian ambitions in due course.
By None

Expansion plans by low-latency trading solutions provider Quanthouse, including two senior hires and the relocation of its London premises, will also encompass Asian ambitions in due course.

Philippe Iteney joins the firm as chief information officer, while Laurence Saunier joins as chief financial officer.

Iteney joins from Traderforce, where he had a similar role, having also worked for Thomson Reuters. Saunier joins from AramisAuto.com, an automobile distributor, and has also worked for SunGard Global Trading.

Quanthouse current has around 90 staff, with around half dedicated to research and development.

The firm's new office will be located in the City of London, and will be followed by a new office in Asia within 12 months, to add to existing locations in New York and Paris.

So far this year, QuantHouse has introduced the QuantLINK Broker Program, which enables access to QuantHouse's trading infrastructure via different brokerage firms.

It has also added European best bid and offer functionality to its QuantFEED suite of market data products.

The firm now serves over 120 buy-side, sell-side, technology and trading venue clients including Newedge, Vegasoul Capital Management and the London Stock Exchange.

“QuantHouse has an established presence across several major financial centres and in order to grow that further, namely in Asia, recruiting the best talent from across the industry will remain a priority,” said Pierre-François Filet, chairman and co-founder.

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