The upgrade will see the managed services provider enable colocation for all US equity and options markets.
Options Completes US Equity Network And Colocation Build-out With Expansion In NYSE Euronext
Options’ Mahwah hosting is underpinned by the firm’s Velocity platform, the IaaS provider’s ultra-low latency market data, connectivity and application hosting service, which will see the firm allow quantitative trading and market making operations to deploy the most latency sensitive trading strategies available. Firms leveraging Velocity will be able to optimize their electronic trading platform, while reducing operation costs. The platform also allows for the ability to scale, by the server, and at a predictable cost.
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.