Options, a private financial cloud provider for the global capital markets industry with offices worldwide, has completed its network and colocation build-out with expansion into NYSE Euronext’s Facility in Mahwah. The upgrade will see the managed services provider enable colocation for all U.S. equity and options markets.
Options’ Mahwah hosting is underpinned by the firm’s Velocity platform, the IaaS provider’s ultra-low latency market data, connectivity and application hosting service. Firms leveraging Velocity would be able to optimize their electronic trading platform, while reducing operation costs. The platform also allows for the ability to scale, by the server.
Colocation corridor
The Mahwah expansion will complement Options’ wider global network and data center footprint, which spans the U.S., Europe and Asia. Currently, the Options platform provides highly automated application and infrastructure hosting in the entire New Jersey colocation corridor (including NY4, NJ2 and Carteret), Chicago, the entire London colocation map (including Slough, Basildon, Earl Street, Interxion, Telehouse and Park Royal), Frankfurt, Singapore, Hong Kong and Tokyo.
As with Mahwah, each colocation site is linked via the Velocity platform, providing unified access, security, high-speed storage, and proactive monitoring. Additionally, Velocity clients will also be able to leverage Options’ extensive investment in Arista switching. This has reduced port-to-port latencies to under 400 nanoseconds, according to Options.
