Options, the leading private financial cloud provider for the global capital markets industry, has today announced a further expansion of the firm's Asian presence with the addition of co-location services in Equinix's TY3 data center in Tokyo.
Options’ expansion into TY3 will see the IaaS provider offer clients leveraging the firm’s Velocity platform access to managed hosting services in the largest FX trading facility in Asia.
Options’ expansion in the region follows the completion in October of the US exchange co-location build-out, June’s expansion into Mahwah and more recently an expansion into Aurora. By establishing a presence in the TY3 trading co-location facility in Tokyo, Options continues to provide ease of access into the foreign exchange markets around the world. This recent addition complements the managed service provider’s presence in Hong Kong and Singapore as well as access points in @Tokyo and KVH Tokyo.
“Over the years, we’ve witnessed huge demand for data center services in Japan driven by financial services companies, trading platforms and liquidity providers. TY3 offers extensive network choice and the ability to interconnect with a wide range of customers, business partners and service providers to support Equinix’s financial services customers. Options expansion in TY3 gives market participants easy access to FX markets globally,” said David Wilkinson, senior director, financial services and enterprise, Equinix Asia-Pacific.
The IaaS provider’s ultra-low latency market data, connectivity and application hosting service Velocity enables firms to deploy the most latency sensitive trading strategies currently available. This distinctive managed co-location offering spans European and US foreign exchange venues, including London (LD4) and New York (NY4), as well as leading derivatives trading sites across Aurora, Cermak, Frankfurt and Basildon. Each venue and feed is linked via the Velocity platform, providing unified access, security, high-speed storage, and proactive monitoring with 24x7 global support. The platform also allows for the ability to scale by the serverThe platform also allows for the ability to scale by the server at a predictable cost allowing clients to optimize their electronic trading platform while reducing operational costs.
Options CEO, Nigel Kneafsey, commented, “This latest expansion follows the recent addition of a range of European market feeds as well as the completion of the US equity network and co-location build-out. It’s an exciting time for the Options platform as a whole but particularly for the Velocity offering, which continues to go from strength to strength, providing clients with the lowest latency and highest capacity direct market access both locally and globally.
“The Options platform has become a proven alternative for those electronic trading firms considering consolidating or exporting their high performance infrastructure and we are excited to be able to expand that offering into TY3. The fully scalable Velocity solution provides clients with best-in-class flexibility and capacity, allowing them to focus on the business behind the market connectivity.”