Media Timeline

November 12, 2024

McKay Brothers Receives Minority Investment from Citadel Securities

12 November, 2024 – OAKLAND, CHICAGO, GENEVA & PARIS — McKay Brothers (“McKay” or “the Company”), a market leader in ultra-low latency market data and wireless networks, today announced that Citadel Securities has made a minority investment in McKay to support the continued growth of its global data and connectivity business. Under the terms of the transaction, Citadel Securities will receive an equity stake in the Company and McKay’s co-founders, Stéphane Tyč and Bob Meade, […]
October 15, 2024

McKay Comment Letter #4 on Nasdaq NY11-4 Facility: Nasdaq does not address issues raised or meet Exchange Act requirements for NY11 expansion. ‘Equalization Project’ timeline is far too long.

Read full response here: McKay Brothers – Nasdaq NY11-4 Comment Letter #4 McKay Brothers – Nasdaq NY11-4 Comment Letter 4Download
July 24, 2024

McKay Comment Letter #3 on Nasdaq NY11-4 Facility: Nasdaq expansion to NY11-4 prior to equalization is a violation of the Exchange Act, is a burden on competition, and unfairly discriminates between different customers.

Read full response here: McKay Brothers – Nasdaq NY11-4 Comment Letter #3 McKay Brothers – Nasdaq NY11-4 Comment Letter 3Download
June 18, 2024

McKay Comment Letter #2 on Nasdaq NY11-4 Facility: Nasdaq operation of NY11 and NY11-4 ‘differently’ requires a rule change and explanation. Nasdaq’s NY11 ‘Equalization Project’ should be completed before expansion to NY11-4.

Read full response here: McKay Bros – Nasdaq NY11-4 Comment Letter #2 (2024.06.18) McKay Bros – Nasdaq NY11-4 Comment Letter #2 (2024.06.18)Download
June 3, 2024

Mike Schonberg presents “Big distances, tiny tolerances: Making time sync precise over a wide area” at Spring STAC Summits 2024

Mike Schonberg’s STAC Summit 2024 Presentation
April 9, 2024

McKay Brothers Launches Fastest London-Stockholm Private Bandwidth

Ultra-low latency network expansion to Nasdaq-OMX’s Stockholm data center April 10, 2024 (Geneva) McKay Brothers International (MBI) launched the lowest latency private bandwidth between London and Stockholm. McKay’s ultra-low latency service connects key European exchanges: London’s LD4 data center, home of Cboe Europe and Stockholm’s Stack STO01 data center, which houses Nasdaq-OMX’s markets. McKay’s hybrid wireless-fiber route transmits data between London and Stockholm hundreds of microseconds faster than incumbent services. McKay’s service also allows for […]
March 22, 2024

McKay SEC Comment Letter #1: Nasdaq’s new NY11-4 facility requires substantial and transparent SEC rule filing process to avoid unfair and discriminatory burdens on competition.

Read full response here: McKay Brothers – Nasdaq NY11-4 Comment Letter #1 (2024.03.22) McKay Brothers – Nasdaq NY11-4 Comment Letter #1Download
January 8, 2024

McKay Brothers Now Lowest Latency Between New Jersey and Toronto

Fastest private bandwidth between Mahwah and TMX Group in Markham, Ontario January 4, 2024 (Oakland, CA) McKay Brothers has deployed the lowest known latency private bandwidth between key New Jersey equity exchanges and TMX Group exchanges in Markham, Ontario. McKay’s newest network connects equities markets at the NYSE in Mahwah and TMX Group’s exchanges in Markham in less than 1.754 milliseconds one-way (measured between the Mahwah carrier room and the TMX colo hall in Markham). […]
October 26, 2023

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets

Stephane Tyc presents at the 2023 FIA Expo in Chicago – Time & Latency: Wireless Innovations in Financial Markets The slides from his presentation are available here.  
July 18, 2023

McKay Brothers Distributes Cboe UK Cash Equities at LSE at Lowest Known Latency

July 18, 2023 (London & Geneva) McKay Brothers International SA (MBI) launched its newest lowest known latency market data service, distributing Cboe UK cash equities raw data at the London Stock Exchange via its wireless QRD service. Cboe UK equities data is sourced at Slough-LD4 and distributed at the LSE’s Telehouse North 2 data center. The QRD service distributes the full Cboe UK CXE and BXE feeds in their native exchange format.   “We are […]