Options Announces Hosting and Connectivity Upgrades – boosts the firm’s Velocity platform


Private financial cloud provider announced upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey

Options IT, the leading private financial cloud provider for the global capital markets industry, has today announced upgrades and expansions to its managed server hosting and connectivity in Carteret, New Jersey.

Options IT’s Carteret, New Jersey solution leverages the firm’s PIPE® Velocity platform, the IaaS (infrastructure-as-a-service) provider’s ultra-low latency market data, connectivity and application hosting service. The PIPE® Velocity platform helps support low latency trading, FIX connectivity, market data and computing infrastructure.

Customers leveraging the Options platform in Cartaret will have integrated high performance access to fixed income and derivatives markets including Brokertec, CME, ICE and NYSE Liffe, as well as a broad range of foreign exchange markets and global broker platforms. The forex platforms include EBS and FX Hotspot.

The announcement comes ahead of this month’s eSpeed migration to the main Nasdaq data center in Carteret, which follows the stock exchange’s July 2013 acquisition of the U.S. Treasuries-trading platform.

Nigel Kneafsey, CEO of Options, commented, “Our focus at Options has always centred around providing clients with a best-in-class managed infrastructure experience and the continued investment and upgrades to our platform in Carteret, ahead of Nasdaq’s planned migration of eSpeed, is a perfect case in point.”

Official Press Release

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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Options Announces Hosting and Connectivity Upgrades - boosts the firm’s Velocity platform

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