Observing News Propagation written by: Stéphane Tyc and Imad-Eddine Srairi Abstract Large and sudden changes in prices in broad market indices reflect the release of macro news. The detailed observation of the times of these moves can provide lower bounds for the time of transmission of information between data centres. We have studied one macro events and provide our findings. The propagation of news on land in the United States is well explained by […]
For His Next Trick, Barefoot Genius Aims to End Broker Rip-Offs Bloomberg Ryan Hoerger and John Detrixhe August 3, 2015, 4:00 PM PDT Updated on August 4, 2015, 4:00 AM PDT The man who helped revolutionize high-frequency trading greets guests to his Paris office in his bare feet. “I apologize for not dressing up,” said Stephane Tyc, 54, whose scheme to send trade data via microwave towers in the U.S. and Europe has paid off for his […]
MCKAY BROTHERS INTERNATIONAL LAUNCHES LOWEST KNOWN LATENCY MICROWAVE ROUTES FROM INTERXION LONDON 23rd June 2015 London, UK, 23 June 2015 – INTERXION HOLDING NV (NYSE: INXN), a leading European provider of cloud- and carrier-neutral colocation data centre services, today announced that McKay Brothers International has chosen Interxion’s Central London data centre campus to deploy the lowest known latency connections between the City of London & Slough and the City of London & Frankfurt. By colocating […]
Available at http://marketsmedia.com/letter-to-the-editor-from-stephane-tyc/ Letter to the Editor from Stéphane Tyc Dear Editor, We appreciate your supportive comments on our proposal to use trade execution data to help investors solve the issue of best execution (OPINION: How to Measure Best Execution? June 1, 2015). Simple data standards can change the industry and be cost efficient. However, we disagree with your conclusion that exchanges will resist this effective solution because they make a significant fraction of their revenue from […]
We’ll be exhibiting at the IDX conference which is held in London. The International Derivatives Expo (IDX) takes place at The Brewery, June 9-10, 2015. IDX provides an excellent opportunity to meet and find more about McKay Brothers and Quincy Data. If you would like to connect with us in London (or even if you can’t make it to London), please contact us at email@example.com.
June 2, 2015/ Oakland, CA / McKay Brothers and Quincy Data now offer the lowest known latency between key Illinois trading centers and the Secaucus-NY5 data center. One-way latency between Aurora and Secaucus-NY5 is 4.056 milliseconds. One-way latency between 350 E. Cermak and NY5 is 3.885 milliseconds. McKay offers the lowest known latency between Illinois and the eight major New Jersey trading centers. “Secaucus-NY5 is now a critical part of the US equity and options […]
OPINION: How to Measure Best Execution? 06.01.2015 By Terry Flanagan In the latest issue of the London Review of Books, a sociology teacher at the University of Edinburgh manages to successfully explain the history of dark pools to a general audience. In his article “Dark Markets”, Donald MacKenzie, who has been supported by the European Research Council to look into automated trading, goes right back to Instinet setting up the Crossing Network in 1986 and […]
We will be at The Trading Show -Chicago June 3rd and 4th at Navy Pier. http://www.terrapinn.com/conference/trading-show-chicago/C54659.stm Stephane Tyc will be speaking on Day 2. Please stop by our booth – 334. To view some of Stephane’s past presentations, click here.
An article by Stephane Tyc, Mckay-Brothers and Quincy Data Co-Founder, “A Technical Solution to Best Execution” is featured in the regulation section. For the full version of Harrignton Starr’s -The Fintech Capital, click here.