QuantHouse to offer Knight end-to-end low latency solutions for its Pan European Knight Link off-exchange liquidity source

12 January 2009

QuantHouse, the leading exchange and broker neutral global provider of end-to-end systematic trading solutions announced today that Knight Equity Markets International Limited, a subsidiary of Knight Capital Group, has selected QuantHouse to support its European-based Knight Linkâ„¢ offering with QuantFEED and QuantLINK end-to-end low latency solutions. The Knight Link platform is hosted by QuantHouse and fed by QuantFEED ultra low latency market data feeds for all major Tier 1 European equity and futures / derivatives exchanges as well as MTFs. Orders are routed directly back to the exchanges leveraging QuantHouse proprietary fiber optic network for end-to-end speed of light performance.

Knight Link provides clients with rapid, electronic trade execution in a broad range of equities while helping clients reduce trading costs and limit market impact. Knight Link can accommodate a wide range of trading architectures and capacity requirements for easy integration into a firm’s smart order router, dark liquidity-seeking algorithms and/or OMS systems. Knight Link has developed innovative technologies using built-in anti-gaming logic designed to protect clients.

Commenting on the announcement, Pierre Feligioni, General Manager & co-Founder of QuantHouse, said, “Time to market is a key success factor of any business. QuantHouse excellence in planning and execution allowed Knight to execute its first orders in less than 8 weeks from date of contract signature, as part of its preparation for the launch of the Knight Link Pan European platform.”

Kee-Meng Tan, Managing Director, Head of Knight's Electronic Trading Group in Europe, added, "Knight Link is a proven execution model in the US where it is the largest destination for dark liquidity. As we looked to expand Knight Link in Europe, we sought a provider with a track record and in-depth knowledge of the European markets. QuantHouse's end-to-end low latency solutions allowed us to reduce time to market and to provide our European clients with a unique, advanced platform for dark liquidity."

Stephane Leroy, Head of Global Sales and Marketing at QuantHouse, concluded, "This new agreement with a recognized US leader further cements our leadership as global neutral provider of end-to-end low latency trading solutions. QuantHouse solutions give the edge that leaders such as Knight is looking for ultimate business performance.”

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