OptionsCity Tabs Interxion for Expanded Exchange Hosting in London

OptionsCity, a multi-asset trading and options provider, announced its selection of Interxion in an effort to expand and better coordinate its hosting capabilities in London by utilizing its European-oriented cloud and carrier-neutral colocation services, according to an OptionsCity statement.

OptionsCity Bridges US-European Colocation Hosting

This latest offering by OptionsCity encapsulates a truly worldwide initiative that adds London to an assortment of facilities, which include New York, Chicago, Aurora and Frankfurt – Interxion’s data centers, and more specifically its European services now serve a crucial expansionary role. OptionsCity is already connected to several Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and asset exchanges, including CME Group, ISE, ICE, TMX and a variety of others, having also been the subject of multiple investment aims over the past year.

OptionsCity’s software platform suite, along with Interxion's new service options, affords clients and users the ability to quickly and effortlessly integrate with some of the world’s leading exchanges worldwide. Moreover, the low latency access personifies the many advantages given to clients that now features a European-based offering.

As such, OptionsCity relies on two Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term offerings – OptionsCity Metro and OptionsCity Freeway. The former is a trading and market platform, equipped with a comprehensive interface and user capabilities. Meanwhile, Freeway is the multi-asset trading mechanism designed for traders who require complex and extensive executions.

Proximity to Asset Markets the Primary Impetus?

According to Rudy Fasouliotis, CIO of OptionsCity, in a recent statement, “Leveraging the connectivity at the Interxion data center in London, we are able to cut capital and operational costs while providing a seamless experience to our customers through a fully hosted solution. We selected Interxion based on proximity to equity and derivatives markets, low latency connectivity and facility security.”

“This announcement further reinforces our position as the London data center of choice for the derivatives trading community. We recognize how vital it is for our customers to be able to access a wide range of reliable and secure connectivity providers to create direct access for their customers. The products and services offered by OptionsCity will be a great addition to our financial hub adding to already more than 10 Exchange access points and 100+ capital markets participants,” added Doug Loewe, UK Managing Director at Interxion.