Options Announces New Global Managed Colocation Facilities in Canada

Options Announces New Global Managed Colocation Facilities in Canada

Options has successfully deployed colocation infrastructure with multiple global exchanges as part of its aggressive 2019 global platform expansion.



New York ― July 31, 2019 ― Options, the leading provider of market data and colocation services for trading firms, today announced additional colocation coverage in Equinix Toronto (TR1 & TR2) and TMX Markham (MCC). Options’ clients colocated within these top tier exchanges can now avail of low-latency exchange feeds, order entry access and managed hosting directly at source.

Options has successfully deployed colocation infrastructure with multiple global exchanges as part of its aggressive 2019 global platform expansion. Currently, the firm’s premier managed colocation services are available at 40+ key trading venues across Europe, North America, South Africa and Asia. In addition to its successful deployment at TR1, TR2, and TMX/MCC, Options has also announced strategic backbone capacity expansion plans to deliver streaming US market data into Canada.

Options facilitates trading at hundreds of venues worldwide with fully managed colocation services which are available alongside the firm’s application management solution which combines hosting with rapid time to market, TCO reduction, and best-in-class resiliency and security.

Today’s announcement follows recent news of Options’ successful deployment of services in Australia as well as its business operations growth in New Zealand and Asia. The recent launch of the firm’s New Zealand office is part of an ongoing, global initiative to bring its sales, operations, account management and support teams closer to key customers and follows the appointment of Jun Ashida to the executive team as Managing Director for Asia.

Options’ VP Product Development, Micah Kroeze, commented, “Our market coverage and global colocation footprint has continued to grow in leaps and bounds through 2019, enabling ever-increasing direct low-latency access to global liquidity across our client base. Clients who seek the highest performance colocated access to Canadian markets can now do so while leveraging the high-touch customer service for which Options is renowned. This latest expansion underlines Options’ continued commitment to connecting the financial world and reaffirms our mission to provide the most streamlined and sophisticated colocation services on the market.”

The Options Managed Colocation platform provides ultra-low latency market data, connectivity and application hosting services at the source of liquidity. Boasting over 40+ colocation sites worldwide with order entry access, connectivity to 400+ native market data feeds and consolidated, normalized feeds from a variety of leading market data vendors, it enables firms to deploy the most latency sensitive trading strategies across all major liquidity venues globally. Market connectivity is available by colocating directly at the exchange source for ultra low-latency applications, and out of region with the flexibility to connect to away market venues from any of the 40+ data center locations available on the highly resilient Options global financial network. Click for details on our latest global footprint expansion and market data availability.

###

 

About Options (www.options-it.com):

Options Technology is the leading provider of cloud-enabled managed services to the global financial services sector. 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 private cloud services to the financial sector. Today over 200 firms globally leverage our award-winning front to back office managed infrastructure: Managed PlatformManaged ColocationManaged Applications and technology consultancy services. Our clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.Options was named among the UK’s leading growth companies in the 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table. In 2017, the firm received a growth investment from private equity firm Bregal Sagemount.

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 250 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.