Sector connects to Boston Options Exchange
05 July 2005 | 1220 views | 0
Sector, Inc.(R), a leading managed services, communications, professional services and data distribution provider for the financial services industry, and its parent company the Securities Industry Automation Corporation (SIAC(R)), the company that developed SFTI(R), today announced that clients can utilize SFTI B2B for communications services, including order flow, to the Boston Options Exchange (BOX).
Powered by SFTI, SFTI B2B allows clients to connect to BOX for order flow and market data. This includes the HSVF Market Feed, NBBO, BOX five best limits and broadcast data relating to the price improvement process ("PIP").
"The Boston Options Exchange is pleased to be part of a growing number of exchanges that offer the SFTI network to its participants and users", stated William Easley, BOX Managing Director.
The SFTI infrastructure is nationally recognized for its resiliency and redundancy. Sector and BOX will be working closely with clients to determine bandwidth needs based on their architecture, system and market needs.
Based on proven state-of-the-art technology, SFTI B2B provides clients with a communications platform of unparalleled diversity and reliability that will carry their critical data communications through a closed, high bandwidth, optical and highly available network. The SFTI network has garnered industry-wide acceptance and endorsements from numerous government agencies and industry organizations including, the President's National Security Telecommunications Advisory Committee (NSTAC), The U.S. Treasury Department, the Government Accountability Office (GAO), the Securities Industry Association, and the Bond Market Association.
In addition to connectivity to SFTI B2B, Sector offers multiple WAN technologies and architects customers "first mile" service with vendor and route diversity.