Leveraging Quant Houseâs proprietary fiber optic network with its own feed handler technology, hedge funds and low latency sensitive financial institutions can now use Quant Houseâs single API, enabling sub-millisecond direct market connectivity.
Commenting on the announcement, Pierre Feligioni, CEO & Founder of Quant House, said, âWe are delighted that we can now offer our clients full low-latency market data access to Chi-X Europe. Weâll 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 aheadâ.
Hirander Misra, Director of Chi-X Europe Limited, commented, âChi-X Europe seeks to provide investors with a faster, cheaper and smarter alternative for trading European equities. We welcome Quant Houseâs Chi-X feed handler and fiber optic distribution capabilities, which will help our clients access Chi-X Europeâs market data whilst also meeting their MiFID requirements.â
StÃ©phane 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 aheadâ