OAKLAND, Calif., Oct. 6, 2016 /PRNewswire/ -- McKay Brothers has announced a latency reduction in its industry-leading millimeter wave link between Carteret and Secaucus-NY2. Latency between Secaucus-NY2 and Carteret is now as low as 182 microseconds round trip. The improved performance is the result of McKay's ongoing effort to eliminate excess latency through route improvements, data center optimization and network equipment upgrades.
"The trading of US Treasury instruments is extremely competitive," says McKay Brothers co-founder Bob Meade. "It is essential for liquidity providers and other market participants to use the best low latency telecom infrastructure."
McKay Brothers offers private bandwidth at the lowest known latency on each leg of the so-called Treasury Triangle. US Treasury futures are traded in Aurora, IL while cash treasuries are traded primarily on venues located in Carteret and Secaucus, NJ.
"McKay provides all of our subscribers with the industry's best latency," says Meade. "We believe this level playing field encourages participation from liquidity providers and contributes to robust markets."
McKay affiliate Quincy Data uses the McKay network to deliver futures and cash market data at lowest known latencies.
About McKay Brothers
McKay Brothers, LLC, designs, builds and operates telecom networks for latency sensitive traders and risk managers of banks, funds and trading firms. Since upending the market for low latency connectivity between Chicago and NY in 2012, McKay has provided fair and equal access to its lowest latency services in the US, Europe and Asia. It has main offices in Oakland, CA and Paris, France. See www.mckay-brothers.com.
About Quincy Data
The Quincy Extreme Data (QED) service offers an integrated and normalized feed of select market data that is optimized for wireless distribution. QED frequently provides the lowest known latency among market data providers. The QED service is offered in sixteen exchange colocation centers in Illinois, New Jersey, the UK, Frankfurt, Madrid and Marseille. QED's latencies, prices and symbol list are available on: http://www.quincy-data.com/ The company is dedicated to leveling the playing field for extreme low latency market data and being the market data service of choice among electronic trading desks of all sizes.
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SOURCE McKay Brothers