Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced it will facilitate access to Cboe Europe Derivatives, a new Amsterdam-based equity derivatives exchange being launched by Cboe later this year. This access will be available to clients in addition to Options’ existing connectivity to Cboe’s US and European equities markets.
By connecting to Cboe Europe, one of the largest and truly pan-European stock exchange operators, Options will be able to provide its clients with ultra-low latency access to both market data and order routing services via Cboe’s data centres in Equinix’s LD3 and LD4 campuses. The extension of this connectivity to Cboe Europe Derivatives, which is set to launch on Monday, 6th September 2021, subject to regulatory approval, solidifies Options’ commitment to providing its clients with the fastest, most holistic access in the market.
Micah Kroeze, Senior Vice President, Product Management said, “We are delighted to facilitate access to trading and market data from Cboe Europe Derivatives. This is the latest development in Options’ relationship with Cboe, following our 2020 announcement of registered Vendor status to Cboe’s European equities market and pre-existing partnership to provide connectivity to Cboe’s US Equities markets across the industry. This additional connectivity will provide our clients with best-in-class access to a modern, vibrant, pan-European equity derivatives exchange which will prioritise on-screen liquidity.”
Stephen Dorrian, Senior Director, Head of European Market Data, Cboe Europe, said: “We’re pleased to be extending our connectivity relationship with Options. Its services are used by many of our trading participants, and we are excited to be able to use them to facilitate access to Cboe Europe Derivatives and the considerable benefits it will bring to Europe’s derivatives market.”
Today’s news comes as the latest in a series of strategic developments for Options, including the recent acquisition of Fixnetix from DXC Technology, appointment of Jake Beeman as Chief Strategy Officer, achievement of SOC Compliance for a decade and a win in the “Best Managed Services Solution for Market Data” category at the recent TradingTech Insights USA Awards.
About Options (www.options-it.com):
Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems.
Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 200 firms globally, providing an agile, scalable platform in an Investment Bank-grade Cybersecurity wrapper.
Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore and New Zealand, Options are well placed to service their customers both on-site and remotely.
In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally.
Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table.
About Abry Partners (www.abry.com)
Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.