Options Technology Opens a Low-Latency Door to Japan's Alternative Exchange

Options Technology has added the Japan Alternative Market to its connectivity lineup, making the proprietary trading system accessible to its clients through AtlasFabric, the company's global trading network, Options announced today (Thursday).

Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)

JAX operates as a Proprietary Trading System under Japanese financial regulation, offering an alternative venue alongside the country's established exchanges for equity trading, price discovery, and liquidity access.

Options said it joined the project as a founding partner at launch, handling both trading connectivity and market data feeds from the outset of the venue's operations.

Not the First to Connect

The announcement comes after TNS, a competing financial network infrastructure provider, disclosed its own direct connection to JAX in January, three months before Options made its move public. That earlier announcement positioned JAX as a focal point for connectivity firms angling for position in Japan's evolving alternative trading landscape before broader volume growth materializes.

Options earlier this year activated what it describes as the first commercially accessible quantum computing capability in New York City, aimed at capital markets firms managing data workloads that outpace conventional infrastructure. The JAX integration runs in parallel, extending its geographic reach rather than its product range.

"Integrating JAX into our platform further strengthens the Options portfolio of connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term, hosting, and market data services across Japan and the wider APAC region," James Hardcastle, Vice President and Head of APAC Sales at Options Technology, commented.

• Options Technology to Buy Firm Modernizing Trading Applications and Platforms
• 18 Years of Fidessa Experience Lands Industry Veteran Top Job at Options Technology
• Options and Dukascopy Forge Partnership for Real-Time Market Data

"Coupled with Options' enterprise-grade, mission-critical, low-latency infrastructure, this partnership underscores our commitment to delivering best-in-class service to our customers."

AtlasFabric Carries the Feed

Access to JAX flows through AtlasFabric, Options' network layer that the company says is designed for low-latency, real-time market data delivery. Clients can route JAX feeds directly into trading, risk, and analytics systems through the managed connection, the company said, without specifying latency figures or the number of clients expected to use the service.

AtlasFabric has featured in several recent Options product announcements. In January, the company deployed AtlasInsight, a deep packet capture and forensic analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term solution, across its global infrastructure using the same underlying network. CEO Danny Moore tied the JAX partnership to that broader product momentum.

"We are thrilled to be expanding our presence across APAC, and the Japan Alternative Market was an obvious next step to strengthen our offerings in this region," Moore said. "Having partnered with JAX from day one, we've witnessed their exceptional growth firsthand and are excited about what the future holds."

Crossvale Deal Adds to Busy Quarter

Options agreed in February to acquire Crossvale, a US and EU-based application modernization firm specializing in private cloud and AI deployment for regulated markets, in a transaction where financial terms were not disclosed and regulatory approval remains pending.

The Crossvale deal targets legacy system modernization for financial institutions, a different segment from the connectivity work underpinning the JAX integration.

Options, which was founded in 1993 and launched its StrataNet global trading network in 2023, operates offices across New York, London, Paris, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Dubai, Sydney, and Auckland.