#USA #Oakland #Qube #McKay Brothers #Optiver

McKay Brothers Expands with New Investments

In a significant move to bolster its market presence, McKay Brothers recently announced minority investments from two prominent players in the financial sector, Optiver and Qube Research Technologies (QRT). Renowned for its adeptness in sourcing and distributing vital financial data and ensuring swift, reliable transport between financial venues, McKay Brothers is set to leverage these investments to enhance its services further.

Co-founders Bob Meade and Stéphane Tyč continue to helm the company, emphasizing its autonomous operational structure. Despite the new influx of investments, McKay Brothers reassures its clientele that its foundational principles remain intact. Stéphane Tyč remarked on the strategic advantages of the partnership, expressing enthusiasm over the support from long-standing customers, Optiver and QRT. He stated, “We are delighted that Optiver and QRT, long-time and highly valued customers, are backing McKay's mission to provide our services on an equal footing to market participants, large and small.” This commitment reflects McKay Brothers' core value of ensuring a level playing field, allowing all firms, regardless of size, to successfully compete in the global financial landscape.

According to Bob Meade, the structure of their vendor model will remain unchanged. Every client will continue to enjoy access to McKay’s premier data and transport services. With this financial backing, the company aims to expand its global outreach and accelerate the development of new products. Stability and innovation appear to be central themes in their strategic outlook, aimed at reinforcing McKay’s stance as a steadfast provider of financial data services.

Their comprehensive suite includes offerings through McKay Brothers, LLC, Quincy Data, LLC, and affiliated entities, establishing McKay as the leading provider of information and transport services between global financial markets. Notably, all services are rendered under a policy of equal access to ensure fairness among clients.

The financial terms surrounding the investments have not been disclosed, yet they signify a robust enhancement of McKay Brothers’ financial base, paving the path for continued innovation and excellence in service delivery. This new chapter aims not only to fortify McKay's standing in the industry but also to expand its offerings for an ever-evolving market.

As we look to the future, McKay Brothers’ collaboration with Optiver and QRT marks an exciting time for the company and its clients. With innovation at the helm, the goal remains clear: to provide unparalleled service and support as they navigate the complexities of global finance. Learn more about McKay Brothers’ offerings by visiting their websites at mckay-brothers.com and quincy-data.com.