McKay Brothers Receives Investment from IMC
- IMC makes a capital investment and acquires an equity stake
- McKay maintains its independence under co-founders Stéphane Tyč and Bob Meade
- McKay commits further investment to reduce latency to the physical limit in its key long haul routes
- McKay continues to operate under its core business principles which include offering a level playing field and equal access to the lowest latency service for subscribers
Stéphane Tyč, McKay co-founder, said, “This agreement not only further strengthens our financial position, which will keep us ahead in terms of network speed and reach, and data coverage and quality, but, as importantly, maintains our autonomy. That’s great news for all of the trading firms that use our networks and for the industry as a whole.”
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