Press release

Quant House to distribute Chi-X Europe data feed and allow users to leverage its ultra low latency market data technology

New York, London and Paris - 16 November 2007

Quant House, the leading provider of end-to-end systematic trading solutions today announced its offering of full market data access to Chi-X ® Europe Limited, the first live, order-driven, pan- European MTF (Multilateral Trading Facility).

Leveraging Quant House’s proprietary fiber optic network with its own feed handler technology, hedge funds and low latency sensitive financial institutions can now use Quant House’s single API, enabling sub-millisecond direct market connectivity.

Commenting on the announcement, Pierre Feligioni, CEO & Founder of Quant House, said, “We are delighted that we can now offer our clients full low-latency market data access to Chi-X Europe. We’ll certainly release similar services for other MTFs as they come to market as our goal is to help our clients leverage those liquidity pools to trade ahead”.

Hirander Misra, Director of Chi-X Europe Limited, commented, “Chi-X Europe seeks to provide investors with a faster, cheaper and smarter alternative for trading European equities. We welcome Quant House’s Chi-X feed handler and fiber optic distribution capabilities, which will help our clients access Chi-X Europe’s market data whilst also meeting their MiFID requirements.”

Stéphane Leroy, Head of Global Sales and Marketing at Quant House, added, "As part of our low latency market data feed offering, we can now offer our US clients access to Chi-X Europe in less than 37 milliseconds, our continental European clients access at approximately 4 milliseconds and London-based clients almost instantaneous access. Again, we are proving our dedication to help our clients to trade ahead“

Press release from: QuantHouse

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