Options, a private financial cloud provider for the capital markets industry, has announced today an expansion of the firm’s Asian presence with the addition of co-location services in Equinix’s TY3 data center in Tokyo.
Options’ expansion into TY3 will offer clients using the firm’s Velocity platform access to managed hosting services in the largest FX trading facility in Asia. This addition complements the managed service provider’s presence in Hong Kong and Singapore.
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“Over the years, we’ve witnessed huge demand for data center services in Japan driven by financial services companies, trading platforms and liquidity providers. Options expansion in TY3 gives market participants easy access to FX markets globally,” said Senior Director, Financial Services and Enterprise David Wilkinson of Equinix Asia-Pacific.
The provider’s ultra-low latency market data, connectivity and application hosting service Velocity enables firms to deploy latency sensitive trading strategies. This managed co-location offering spans European and US foreign exchange venues, including London (LD4) and New York (NY4).
Options CEO Nigel Kneafsey commented, “This latest expansion follows the recent addition of a range of European market feeds as well as the completion of the US equity network and co-location build-out. It’s an exciting time for the Options platform as a whole but particularly for the Velocity offering, which continues to go from strength to strength, providing clients with the lowest latency and highest capacity direct market access both locally and globally.”