| 26 September 2014
New York: Options has announced a further expansion of the European markets available to clients leveraging the firm’s high performance connectivity and managed colocation platform. This latest expansion sees the managed services provider enable direct access to a host of new European markets including CEF Eurex Ultra, Borsa Italia, and Spanish (BME) equities and derivatives. The feeds are available across Options’ colocation venues in FR2, LD4, Basildon, Earl Street, Interxion, Park Royal and Telehouse.
This latest expansion of market feeds follows the recent completion of the US equity network and co-location build-out and helps Options further develop the firm’s distinctive managed colo offering, which spans the US, Europe and Asia. The new European feeds will be deployed as part of the Options Velocity platform, the electronic trading component of the firm’s private financial cloud platform. Velocity is an ultra-low latency market data, connectivity and application hosting service, which enables firms to deploy the most latency sensitive trading strategies available. Each venue and feed is linked via the Velocity platform, providing unified access, security, high-speed storage, and proactive monitoring with 24x7 global support.
Options CEO, Nigel Kneafsey said: “Our focus at Options continues to center around providing exceptional customer service through world-class financial technology infrastructure. This recent European expansion is one our customers can immediately benefit from as they can access a full suite of technological services leveraging a single, global colocation and network platform."
Kneafsey added: “By reducing the overall cost of building and maintaining the necessary precision engineered network and server technology platforms required to compete, Options continues to provide a very unique and compelling service. Such relevance comes during what is a pivotal period for electronic trading operations and latency sensitive quantitative strategies across the global markets, as firms combat the rising costs of connectivity and uncertain market volumes. The welcome addition of the European markets further enhances the Options offering and allows us to provide a proven alternative to those electronic trading firms considering consolidating or exporting their high performance infrastructure.”