Group Co.
Options Announces New Global Managed Colocation Facilities with ASX at ALC
Traders Magazine Online News, May 17, 2019
Options, the leading provider of global market data and colocation services for trading firms, announced additional colocation coverage with the Australian Securities Exchange (ASX) at the Australian Liquidity Centre (ALC) to supplement existing market data access to clients in the region and across Options’ global Managed Colocation backbone. Options clients colocated within ASX will benefit from vendor access to ASX 24 and ASX Trade, further bolstering the firm’s ultra-low-latency exchange feeds across equities and derivatives.
Options has successfully deployed colocation infrastructure at the top tier exchanges as part of its aggressive 2019 global platform expansion. In addition to the ASX, Options has also expanded its footprint into Equinix SY2 in Sydney. Currently, the firm’s premier managed colocation services are available at 40+ key trading venues across Europe, North America, South Africa and Asia.
Options facilitates trading at hundreds of venues worldwide with fully managed colocation services. The firm recently expanded its presence in Singapore to meet the increasing demand for APAC liquidity. Options’ SGX and SG1 managed colocation facilities provide rapid time to market and massive TCO reduction, wrapped in best-in-class resiliency and security.
This announcement follows recent news of Options’ business operations growth in New Zealand, Australia and Asia as well as several new strategic executive hires. The launch of the firm’s New Zealand office is part of an ongoing, global initiative to bring its sales, operations, account management and support teams closer to key customers in the region and follows the appointment of Jun Ashida to the executive team as Managing Director for Asia.
Options’ VP Product Management, Shamir Parmar commented, “Our continued partnership with ASX follows the recent addition of a range of Asia-Pacific market feeds in conjunction with the rapid colocation build-out of our global backbone. It’s an exciting time for the Options platform as a whole but particularly for our Managed Colocation offering, which continues to go from strength to strength, providing clients with the lowest latency and highest capacity direct market access both regionally and globally.”
David Raper, Executive General Manager, Trading Services at ASX said: “We are excited to welcome Options into the ALC as one of our most recent Network Service Providers. ASX continues to develop strategic relationships with innovative partners, like Options, to build a diverse ecosystem of products, services and partnerships.
“The expanding ALC ecosystem is helping to reduce cost, complexity and risk, not only for the Australian financial markets community, but increasingly for off-shore firms with an interest in our marketplace. We look forward to working with Options and their clients.”
The Options Managed Colocation platform provides ultra-low latency market data, connectivity and application hosting services at the source of liquidity. Boasting 40+ colocation sites worldwide with order entry access, connectivity to 400+ native market data feeds and consolidated, normalized feeds from a variety of leading market data vendors, it enables firms to deploy the most latency sensitive trading strategies across all major liquidity venues globally. Market connectivity is available by colocating directly at the exchange source for ultra-low latency applications, and out of region with the flexibility to connect to away market venues from any of the 40+ data centre locations available on the highly resilient Options global financial network.
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