Options Deploys Next Generation Market Data Monitoring Solution from Ixia, a Keysight Business

Options Deploys Next Generation Market Data Monitoring Solution from Ixia, a Keysight Business

Ixia TradeVision to be deployed across Options' core US data center locations to provide automated alerting across hundreds of multicast feeds

New York ― September 27, 2019 ― Options, the leading provider of colocation services for trading firms, today announced the deployment of next generation market data monitoring from Ixia, a Keysight business.

The deployment of TradeVision at Options’ core data center locations in Mahwah, NY4, NJ2, Carteret, and Aurora will provide automated alerting across hundreds of multicast feeds, reducing the complexity and resources needed to detect and resolve data packet issues as they occur. 

With more than 1,300 feeds and pre-programmed support for hundreds of  trading venues worldwide, TradeVision delivers a unique combination of advanced network visibility and market data monitoring. Options currently operates more than forty colocation sites as well as over four hundred market data and order entry feeds, providing an ultra-low latency environment in addition to connectivity and application hosting.

Options’ Chief Operating Officer, Stephen Morrow, commented, “As a fully managed colo service provider, we have a responsibility to our trading clients to deploy the most innovative, latency-sensitive technologies on the market. With the adoption of TradeVision, we are proud to be the first provider in the industry to offer clients a true, platform-wide, market data gap detection solution to minimize the impact on production systems and accelerate problem remediation.”

“We are pleased to see that Options has deployed the TradeVision platform for their trading clients,” said Areg Alimian, senior director, product management, Ixia Solutions Group, Keysight Technologies. “TradeVision allows Options to detect and resolve issues in real time across all US Exchanges by monitoring multicast gaps, nanosecond latency and microbursts across all feeds, at line rate.”

Today’s announcement follows recent news of Options’ new cloud connectivity services with Equinix Cloud Exchange (ECX) Fabric™ and the successful deployment of colocation services in Australia and Canada.

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.