QuantHouse, the leading independent provider of end-to-end systematic trading solutions announced today that CM-CIC Securities, the investment arm of CM4-CIC group which is one of Europe's leading banking groups with equity of EUR 18.4 billion, has chosen QuantHouse's ultra low latency trading solutions to provide Value Added Execution Services to its clients across European equity markets.
The solution is composed of QuantFEED, QuantHouse's end-to-end ultra low latency market data technology and QuantLINK, QuantHouse's proximity hosting and order-routing services.
Commenting on the announcement, Pierre Feligioni, GM & Co-Founder of QuantHouse, said:
"We are delighted to work with CM-CIC Securities proving the performance of QuantHouse's low latency trading solutions. By controlling the end-to-end low latency R&D process and infrastructures, QuantHouse is a provider of choice for those firms that are looking for expertise and performance."
Denis Saboureau, Global Head of Execution Services at CM-CIC Securities, added:
"CM-CIC Securities is dedicated to offering advanced functionality and high levels of trading performance to its buy-side and sell side clients. We are pleased to have selected QuantHouse Low latency market data and order routing solutions as these technologies are key drivers to deliver superior Value Added Execution services."
Stephane Leroy, Head of Global Sales and Marketing at QuantHouse, concluded:
"We are glad to work with CM-CIC Securities to help them achieve their business development plan. New regulations and technology innovations have recently enabled significant changes in the marketplace. The leaders of tomorrow are clearly the ones who are selecting new trading technologies today to leverage current market conditions for steady growth in the years to come."
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 services; to help hedge funds, proprietary desks and low latency sensitive sell side firms to trade ahead.
QuantHouse products and services offering are composed of:
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.
CM-CIC Securities is the CM4-CIC group's investment arm. The CM4-CIC group is one of Europe's leading banking groups with equity of EUR 20.2 billion in 2009.
CM-CIC Securities is also ESN's representative in France. Over 8 years, this pan-European network has built up coverage of more than 1,000 stocks across 31 sectors and 15 countries, bringing together 150 analysts and 200 vendors.
ESN also has a team of analysts dedicated to Sustainable Investment and is present in New York via its broker-dealer subsidiary, ESN North America.
For more information about CM-CIC, www.cmcics.com.
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