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April 14th 2008 - Reliance Globalcom Services, Inc., announced that its financial extranet Yipes FinancialConnect! was selected by a London-based Prop Desk to receive QuantFEED, the QuantHouse end-to-end ultra low latency market data solution. The proven Ethernet-based service from Reliance Globalcom connects QuantHouse

UK-Based Prop Desk Selects QuantHouse Ultra Low Latency Market Data Solution Through Reliance Globalcom


Weve seen a strong growing demand from leading-edge hedge funds and proprietary trading firms across the globe for QuantFEED, QuantHouses end-to-end ultra low latency market data solution, said Pierre Feligioni, general manager and co-founder of QuantHouse. The systematic trading phenomenon is global, and working with Reliance Globalcom gives our clients an edge. The faster our customers can reach market data from QuantHouse datacenters across the globe, the faster they can make money.

Yipes FinancialConnect! links more than 350 financial services firms to more than 80 of the worlds leading exchanges and pre/post trade service providers. Yipes OnDemands London data center for market data information from financial exchanges across the globe. functionality provides customers with the flexibility and granular control to scale their connections in 1 Mbps increments from 1 Mbps to 1 Gbps to optimize network resources according to changing bandwidth needs. Trading firms can instantly access QuantHouse

Leveraging QuantHouse end-to-end low-latency market data technologies is essential to our customers who demand highly reliable services, said John Panzica, general manager of financial services, Reliance Globalcom. This solution addresses the needs of the financial industry as it moves to quant and algorithmic trading environments that must process huge amounts of data in response to large fluctuations in the market. With Yipes FinancialConnect!, customers can scale bandwidth in real time as their needs change.

The Yipes FinancialConnect! service lets us build on our success with proprietary trading firms and hedge funds, and further cements our reputation as a provider of leading-edge, low-latency market data solutions, said Stéphane Leroy, head of global sales and marketing at QuantHouse. Our data capture, data standardization, and data distribution process is optimized to meet the most demanding client trading strategies.

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