Options announces new 40Gb managed network

Options, the provider of global market data and colocation services for trading firms, has has announced the completion of a major 40Gb backbone upgrade of all its managed WAN circuits across NY metro data centers, the company said.

The infrastructure expansion has enabled clients to connect to high volume exchange data feeds at Mahwah, Carteret, NY4 and NJ2, without bandwidth restrictions. Additionally, all clients connecting to NYSE data have been upgraded to SFTI 40Gb LX.

The capacity upgrade has ensured all Options Managed Colocation clients leverage 40Gb network bandwidth and resiliency between all the major NJ colocation sites, without incurring any additional cost for mandatory exchange bandwidth changes. In addition, the streamlined distribution of all data feeds between each of these paths offers clients the choice to consume all US data at their preferred site and not just locally at the exchange colocation.

Clients benefit from latency reduction across the entire NY metro network, and in particular avail of best in market latencies on Secaucus NY4 paths to Mahwah, Carteret and Weehawken NJ2.

The Options Managed Colocation platform is an ultra-low latency market data, connectivity and application hosting service. Boasting over 30 colocation sites worldwide and 400+ market data and order entry feeds, it enables firms to deploy the most latency sensitive trading strategies across all major liquidity venues globally.

Options is the provider of cloud-enabled managed services to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. More than a decade ago, the company made a strategic decision to become the first provider to offer cloud services to the financial sector.