Options Continues Expansion with New FX Trading Destinations, Faster Route to Chicago

NEW YORK, March 12, 2013 /PRNewswire/ -- 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 U.S. 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."       

About Options

Options is the premier provider of infrastructure products to the Global Financial Services sector. Founded in 1993, the company began life as a hedge fund technology services provider focused on the London market. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector. The result was the Options PIPE® Platform and the "Private Financial Cloud" offering. Today over 130 firms globally leverage Options PIPE®, including leading hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, exchanges and global investment banks. http://www.options-it.com

Options PIPE® Platform Services:
PIPE Core
Essential business technology from email and office applications to phones and tablets

PIPE Momentum
Hosting and management of the applications that run your business, front to back

PIPE Velocity
Low-latency trading, FIX connectivity, market data and computing infrastructure

For additional information, contact:

Marc Weinstein 
Spotlight Financial Marketing
For Options
(212) 521-5902
Email

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SOURCE Options