Low Latency Trading Solutions

QuantHouse, the leading independent provider of end-to-end systematic trading solutions today announced that Turquoise, the Multi-lateral Trading Facility established by nine leading European investment banks has chosen QuantFEED, QuantHouse's end-to-end ultra low latency market data solution to obtain inbound real time data from across the European equity markets.

Commenting on the announcement, Pierre Feligioni, General Manager & co-Founder of QuantHouse, said, “We are delighted that Turquoise has chosen QuantHouse's low latency market data solution. Turquoise is a hugely innovative trading platform, which offers high throughput and ultra-fast response times to the most demanding trading specifications in the world. This represents another confirmation from the market of the quality, reliability and low-latency performance of our market data solution."

Yann L’Huillier, Chief Information Officer for Turquoise, added: "Turquoise is dedicated to offering advanced functionality and high levels of trading performance. Low latency market data technologies are crucial to providing these standards and we are pleased to be working with QuantHouse, who has a proven quality of service and delivery. Adding QuantHouse to our current market data offering makes us the only MTF to have dual inbound market data providers, and ensures full redundancy and protection to our users.

Stephane Leroy, Head of Global Sales and Marketing at QuantHouse, concluded, "MiFID has enabled significant changes to the European capital markets and innovative companies providing next generation trading services are emerging. By controlling the end-to-end low latency market data R&D process, QuantHouse is a provider of choice for those firms that are looking for expertise and independence.”

About QuantHouse

QuantHouse is an independent global provider of end-to-end systematic trading solutions. This includes ultra low latency market data technologies, algo-trading development framework, trading infrastructure and order routing service; to help hedge funds, proprietary desks and low latency sensitive sell side firms to trade ahead.
QuantHouse products and services offering are composed of:

• QuantFEED, Ultra Low Latency Market Data technologies … to be the first to detect market opportunities,
• QuantFACTORY, the Algo Trading Strategy Development framework … to be the first to launch new trading models,
• QuantLINK, global trading infrastructures …to be the first to match opportunities.

QuantHouse has the benefit and support of a very experienced group of investors.
The Investor group is lead by one of the world's largest global brokerage organizations: NEWEDGE GROUP. Newedge is a 50/50 joint venture between Société Générale and Calyon.

For more information about Newedge Group, www.newedgegroup.com.

About Turquoise

Turquoise provides electronic execution services to buyers and sellers of pan-European equities, delivering differentiated value throughout the trading process. The Turquoise multi-lateral trading facility (MTF) operates uniformly across 15 European markets with a unique market model, a fully risk-managed clearing solution and efficient economics. The Turquoise MTF’s integrated market combines dark and visible orders to increase execution and price improvement for small orders, whilst minimising information leakage and market impact for larger, institutional-size orders.

Turquoise’s membership spans the diverse community of trading desks active in Europe, from the largest banks and brokers to institutions with local, regional and sector focus, and specialist trading and market-making firms. Turquoise’s technology delivers high throughput and ultra-fast response times to the most demanding trading specifications in the world.

Innovative functionality, wide membership, and competitive pricing combine to make the Turquoise MTF a vital destination for natural liquidity and quality execution across Europe.

www.tradeturquoise.com