QuantHouse provides low-latency access to Sun Trading’s Systematic Internaliser platform through its QuantFEED and QuantLINK offering
Providing clients with access to Sun Trading’s liquidity pool via a single API
London, 5 December 2017: QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced the availability of easy access to Sun Trading’s Systematic Internaliser (SI) platform through its QuantFEED and QuantLINK offering.
Sun Trading is one of the premier providers of bespoke equity streams under the MiFID I regime, and the organisation anticipates a high demand for their liquidity under MiFID II. Previously, only large tier 1 brokers have had the resources to connect to this liquidity directly. By offering simple connectivity via a single API, QuantHouse’s customers are now able to access Sun Trading’s market data and order entry feeds, and access the SI’s liquidity in an efficient and cost-effective manner.
Access to Sun Trading’s SI will be available from QuantHouse’s qh Ecosystem powered by QuantFEED and QuantLINK. The qh ecosystem brings together the largest community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds and market makers with other financial services partners and vendors. With more than 500 participants, members can quickly and easily gain global access to multiple trading venues, technologies or applications, accelerate time to market for new services, streamline infrastructure costs and take advantage of new collaborative opportunities.
Jamal Tarazi, Head of European Trading, Sun Trading, said, “QuantHouse’s ability to deliver connectivity to Sun Trading’s SI liquidity is a critical component for navigating the changing liquidity landscape in 2018. Now that QuantHouse has certified its connectivity to our market data and order entry feeds, we have an efficient manner for QuantHouse’s clients to access our SI liquidity which was previously only accessible to large tier 1 institutions. QuantHouse is helping to open up the market to smaller firms by normalising access to liquidity that would have been inaccessible before and delivering it via an easy to use, uniform solution.”
Stephane Leroy, Business Co-Founder and Chief Revenue Officer, QuantHouse, said, “There is enormous change happening in the market under MiFID II, and our aim is to help clients access these new SIs quickly and easily so they benefit from this new regime. Sun Trading is one of the largest liquidity providers, and by providing connectivity to Sun Trading via QuantHouse’s API ecosystem, clients now have quicker access to better liquidity, without the pain of having to code bespoke APIs.”
Lindsay Clarke, Holly Finn Streets Consulting firstname.lastname@example.org email@example.com Tel: 020 7959 2235
Tom Laughran, FleishmanHillard for Sun Trading Email: firstname.lastname@example.org Tel: +1 312 729 3719
About Sun Trading
Sun Trading is a global market maker in multiple asset classes providing liquidity to over 115 exchanges, trading venues, and counterparties in over 15 countries. Since its inception in 2003, Sun Trading has been a leading market maker, focused on passive liquidity provision and price improvement for investors. Headquartered in Chicago with offices in London and New York, the firm employs more than 100 people globally. For more information please visit: http://suntradingllc.com.
QuantHouse provides end-to-end systematic trading solutions. This includes ultra low latency market data technologies with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK.
We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalise operating costs.