The emergence of quantitative and programmatic trading strategies has resulted in a corresponding rise in demand for the necessary resources to facilitate these data-hungry approaches.
MayStreet provides banks, asset managers and hedge funds with low-latency technology and market data. The company has built its reputation on extremely high-quality data, rather than attempting to beat its competitors on pure volume.
A recent acquisition from the London Stock Exchange has set the startup on a new trajectory. The hope amongst its leadership team will be that combining Maystreet’s software with LSEG’s industry standard platform and strong operational capabilities will allow it to provide market-leading services to the most sophisticated data users.
The typical worry for the company post-acquisition will be that in a more corporate environment, product innovation is somewhat stifled. However, it seems that Maystreet has been able to retain a level of independence that will protect its ability to stay at the cutting edge of low-latency data services.
Kirsty
Company Specialist at Welcome to the Jungle