The upgrade will utilize the fastest fibre available and reduce round-trip latency by 36%
Options Upgrades Weehawken to Secaucus Connectivity with the Fastest Fibre Available
New York – March 6, 2013 – Options, the leading private financial cloud provider for the global capital markets industry, today announced that it has recently completed the upgrade of the route between its venues in Savvis Weehawken, New Jersey (NJ2) and Equinix Secaucus New Jersey (NY4). The newly upgraded link utilizes the fastest fibre path available, reduces round-trip latency on the route by 36% and will further complement the firm’s wireless connectivity, in addition to providing tailored balances of speed, availability and cost.
This latest announcement follows a busy 12 months on the connectivity front for Options that saw the firm add Quincy Data’s Quincy Extreme Data (“QED”) service, enabling the managed service provider to offer data at the lowest known latencies to customers trading across markets in Equinix NY4 and the CME, announce more than new 60 markets, including ultra-low latency connectivity in NJ2 and NY4 to Barclays, Citi, Credit Suisse, Currenex and Deutsche Bank, and add HSBC and Alliance Bernstein dark pools as destinations in Europe.
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.