Financial and Business News

Options and Dukascopy Forge Partnership for Real-Time Market Data

Tuesday, 12/03/2024 | 12:00 GMT by Tareq Sikder
  • The integration with Activ Financial fused global market data with hosted trading infrastructure.
  • Option's financial cloud services reduce TCO while ensuring top-tier resiliency and security.
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Options Technology has unveiled a partnership with Dukascopy, the Swiss online bank known for its comprehensive online and mobile trading, banking, and financial services.

Real-Time Market Data Integration

The partnership aims to deliver an offering to customers by furnishing real-time market data for US Equities, seamlessly integrated with Options' pre-deployed technology stack. This technology stack is designed to ingest, translate, and disseminate normalized and historical tick data worldwide, ensuring clients have complete access to multi-asset class market data.

Danny Moore, President and CEO of Options
Danny Moore, President and CEO, Options, Source: LinkedIn

This announcement comes on the heels of Options' complete integration with Activ Financial, a development that saw the fusion of global market data sources with hosted trading infrastructure. The integration also facilitated direct connectivity to counterparts across the broader capital markets ecosystem, cementing Options' position as a leader in the industry.

Danny Moore, the President and CEO of Options, commented: “At Options, our mission is to cultivate innovation, propel expansion, and forge enduring relationships. Leveraging our combined strengths and capabilities, this collaboration will empower clients with the cutting-edge tools and technology essential for navigating the complexities of today’s financial markets.”

Global Trading Facilitation

Options Technology is known for facilitating trading across hundreds of venues globally, offering fully managed infrastructure and connectivity. The firm's private financial cloud services combine hosting with direct market access, thereby enabling Total Cost of Ownership reduction, alongside best-in-class resiliency and security measures.

Dmitrjs Kukels, the Chief Brokerage Officer of Dukascopy, added: “Partnering with Options, a trusted service provider of data feed on stocks and ETFs for Dukascopy, reinforces Dukascopy's commitment to being a reliable Swiss bank. For over a decade, Dukascopy has offered the narrowest spreads in the Forex industry, catering to both existing and new clients.”

Options Technology has unveiled a partnership with Dukascopy, the Swiss online bank known for its comprehensive online and mobile trading, banking, and financial services.

Real-Time Market Data Integration

The partnership aims to deliver an offering to customers by furnishing real-time market data for US Equities, seamlessly integrated with Options' pre-deployed technology stack. This technology stack is designed to ingest, translate, and disseminate normalized and historical tick data worldwide, ensuring clients have complete access to multi-asset class market data.

Danny Moore, President and CEO of Options
Danny Moore, President and CEO, Options, Source: LinkedIn

This announcement comes on the heels of Options' complete integration with Activ Financial, a development that saw the fusion of global market data sources with hosted trading infrastructure. The integration also facilitated direct connectivity to counterparts across the broader capital markets ecosystem, cementing Options' position as a leader in the industry.

Danny Moore, the President and CEO of Options, commented: “At Options, our mission is to cultivate innovation, propel expansion, and forge enduring relationships. Leveraging our combined strengths and capabilities, this collaboration will empower clients with the cutting-edge tools and technology essential for navigating the complexities of today’s financial markets.”

Global Trading Facilitation

Options Technology is known for facilitating trading across hundreds of venues globally, offering fully managed infrastructure and connectivity. The firm's private financial cloud services combine hosting with direct market access, thereby enabling Total Cost of Ownership reduction, alongside best-in-class resiliency and security measures.

Dmitrjs Kukels, the Chief Brokerage Officer of Dukascopy, added: “Partnering with Options, a trusted service provider of data feed on stocks and ETFs for Dukascopy, reinforces Dukascopy's commitment to being a reliable Swiss bank. For over a decade, Dukascopy has offered the narrowest spreads in the Forex industry, catering to both existing and new clients.”

About the Author: Tareq Sikder
Tareq Sikder
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Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London

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