Quant House extends ultra low latency algorithmic trading to Foreign Exchange via Hotspot FX

London, Paris and New York - 19 March 2007

Quant House, the leading provider of end-to-end program trading solutions announced today that it has implemented access to Hotspot FXi, the premier multibank foreign exchange marketplace, releasing the Hotspot Quant House feed handler.

Quant House is a provider of end-to-end program trading solutions including low latency market data technologies, trading strategies development framework, execution engine and proximity hosting services in order to help program trading firms to trade ahead.

This new feed handler is designed to allow easy integration of Hotspot FXi feed into algorithmic trading applications using a single API, the Quant House API available in C++, Java, .NET or FIX.

The integration allows also QuantFACTORY users, the Quant House multi asset-class trading strategies development framework, to directly receive Hotspot market data and place FX orders into the Hotspot FXi marketplace via the QuantFACTORY Hotspot execution plug-in.

“Quant House Hotspot FXi market data feed handler allows clients to benefit from ultra low latency technologies into their FX program trading applications.” said Pierre Feligioni, CEO and co-founder of Quant House. “In addition, Quant Factory users can easily and rapidly back test and trade FX on Hotspot FXi leveraging the multi-asset class program trading capabilities of QuantFACTORY.

“With the deployment of Quant House feed handler within a leading foreign exchange platform, we demonstrate our strong commitment to provide multi asset-class end-to-end program trading technologies in order to help our clients to trade ahead. Our clients will get the business advantage to apply strategies across a full portfolio including FX with an unprecedented level of control and a virtually limitless pool of trading opportunities” added Stephane Leroy, Head of global Sales & Marketing of Quant House.

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