Financial services

Arbitragis gobbles up QuantFeed

23 April 2008

European arbitrage trading firm Arbitragis has selected QuantHouse’s QuantFeed ultra low latency market data feed solution. Developed on .NET, the solution is designed to obtain global market data feeds from direct market access at optimum speed, as well as provide a set of powerful tools that facilitate the development of automated trading software.

“The United States is currently our largest market, but we have recently noticed a growing demand from European firms,” said Pierre Feligioni, QuantHouse general manager. “Accelerating growth in these two markets shows that the systematic trading phenomenon is truly a global need.”

“QuantHouse has managed to deliver the best ultra low-latency market data in the marketplace,” said Tuan Nguyen, founding partner of Arbitragis. “The quality of the data, as well as the extreme versatility and robustness of their API, has allowed Arbitragis to be on par with the best equipped trading rooms in the world. As an arbitrage trading firm dealing with ultra high frequency trading strategies, QuantHouse technology has allowed us to concentrate on trading, strategy design and algorithmic trading.”