Options Upgrades Low Latency Route Between Carteret and Weehawken


The route is now the fastest available between both venues.



New York – April 8, 2013 – Options, the leading private financial cloud provider for the global capital markets industry, today announced that it has upgraded the route between the firm’s data center facilities in Carteret and Weehawken, New Jersey (NJ2). The newly upgraded link reduces one-way latency on the route by 6.7% and sees the IaaS provider offer customers the fastest route currently available between both venues.

Today’s announcement follows a busy start to 2014 for Options on the connectivity front that saw the addition of Quincy Data’s Quincy Extreme Data (“QED”) service to the platform, enabling the managed service provider to offer data at the lowest known latencies to customers trading across markets in Equinix NY4 and the CME, a March upgrade of the route between its venues in Savvis Weehawken, New Jersey (NJ2) and Equinix Secaucus New Jersey (NY4), reducing round-trip latency on the route by 36%, and, earlier this month, the upgrade and expansion of its managed server hosting and connectivity in Carteret ahead of eSpeed’s migration to Nasdaq’s main data center there.

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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.