Options Announces Hosting and Connectivity Upgrades Ahead Of eSpeed Migration


The announcement aligns with Nasdaq’s planned Fixed Income Market move to Carteret on April 7th.



New York – April 3, 2014 – Options, the leading private financial cloud provider for the global capital markets industry, has today announced upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey. The announcement comes ahead of this month’s eSpeed migration to the main Nasdaq data center in Carteret, which follows the stock exchange’s July 2013 acquisition of the U.S. Treasuries-trading platform. The migration will see eSpeed move from the market’s current location in Rochelle Park, New Jersey and is planned for April 7th.

Options’ Carteret solution leverages the firm’s PIPE® Velocity platform, the IaaS provider’s ultra-low latency market data, connectivity and application hosting service, and will see the firm offer customers requiring access to eSpeed’s products a collocated, managed server hosting solution, complete with resilient 10G access over high-performance, sub-microsecond switching. Additionally, customers leveraging the Options platform in Cartaret will have integrated high performance access to fixed income and derivatives markets including Brokertec, CME, ICE and NYSE Liffe, as well as a broad range of foreign exchange markets and global broker platforms.

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About Options (www.options-it.com): Options is the leading provider of cloud-enabled managed services to the global capital markets. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector. Today over 200 firms globally leverage the Options platform, including the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.