Quincy Data's Precision Time Exchange Service Recognized as Best Time Stamping Measurement System by TradingTech Insight Awards

CHICAGO, June 25, 2025 /PRNewswire/ -- Quincy Data, a global leader in high-performance financial market data distribution, has been named winner of the TradingTech Insight USA Award for Best Time Stamping Measurement System for its Precision Time Exchange (PTX) service.

PTX delivers resilient, sub-nanosecond time synchronization across major North American trading venues, fully traceable to UTC(NIST). It offers a robust alternative to locally maintained GPS clocks, helping market participants address rising risks of interference and degradation in time signal reliability.

According to Mike Schonberg, Director of Market Data Technology, "Timestamping that is reliable, picosecond-precise, and accurately available across multiple venues is an exceptionally hard technical challenge. PTX solves it. It is a uniquely resilient service that can replace the in-house time transfer systems financial firms are currently forced to build, maintain, and improve themselves."

As uncertainty grows around the reliability of localized GPS infrastructure, time-sensitive institutions—including exchanges, ATSs, market makers, and data providers—are increasingly seeking dependable external time sources. PTX was engineered to support every major U.S. trading campus, enabling firms to avoid the burden of developing and managing their own precision timing systems. Firms prioritizing resiliency rely on PTX.

Firms requiring precision rely on PTX. Firms demanding traceability rely on PTX. To explore how PTX can support your firm's timing needs, contact Quincy Data today.

About Quincy Data
Quincy Data is a global leader in the distribution of high-performance financial market data. The company delivers real-time market information tailored for every level of speed, richness, and precision. All services are provided on a level playing field to all clients.

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SOURCE Quincy Data, LLC