Options adds new FX trading destinations

Source: Options

Options, the pioneering provider of the Options Pipe Private Financial Cloud, a managed infrastructure platform for the trading and alternative investment communities, announced today it has expanded connectivity to additional global foreign exchange markets and has upgraded connectivity between the major US trading venues.

With these additions, Options now provides clients with high performance and highly available connectivity to more than 60 markets, including ultra-low latency connectivity in the NJ2 and NY4 data centers to Barclays, Citi, Credit Suisse, Currenex, Deutsche Bank, EBS (ICAP), FXAll, Reuters Dealing, UBS and Hotspot FX (Knight).

"Our new connections to global FX markets reflect our ongoing strategy of offering direct connections to every significant trading venue globally on the Options PIPE platform," said Options CEO Nigel Kneafsey.

Options also announced that it recently completed the upgrade of its primary route from New Jersey to Chicago to the fastest lit fiber path available in the market with a 14.1 millisecond round trip time. All Options' customers immediately benefit from any such route improvements at no additional cost and are invited to inquire about additional connectivity options and associated application hosting services, as there are numerous upgrade and expansion projects currently underway.

"Quantitative trading outfits and the broader alternative asset community are increasingly entrusting Options to operate their infrastructure around the world across more asset classes and markets, and we're gratified by it," Kneafsey said. "With 20 years of organic growth and 10 years of operating production trading infrastructure as a service, we're gaining momentum and investing more and more capital into the platform over time." 

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