Options, the leading provider of colocation services for trading firms, today announced the deployment of next generation market data monitoring from Ixia, a Keysight business.
The deployment of TradeVision at Options’ core data center locations in Mahwah, NY4, NJ2, Carteret, and Aurora will provide automated alerting across hundreds of multicast feeds, reducing the complexity and resources needed to detect and resolve data packet issues as they occur.
With more than 1,300 feeds and pre-programmed support for hundreds of trading venues worldwide, TradeVision delivers a unique combination of advanced network visibility and market data monitoring. Options currently operates more than forty colocation sites as well as over four hundred market data and order entry feeds, providing an ultra-low latency environment in addition to connectivity and application hosting.
Options’ Chief Operating Officer, Stephen Morrow, commented, “As a fully managed colo service provider, we have a responsibility to our trading clients to deploy the most innovative, latency-sensitive technologies on the market. With the adoption of TradeVision, we are proud to be the first provider in the industry to offer clients a true, platform-wide, market data gap detection solution to minimize the impact on production systems and accelerate problem remediation.”
“We are pleased to see that Options has deployed the TradeVision platform for their trading clients,” said Areg Alimian, senior director, product management, Ixia Solutions Group, Keysight Technologies. “TradeVision allows Options to detect and resolve issues in real time across all US Exchanges by monitoring multicast gaps, nanosecond latency and microbursts across all feeds, at line rate.”
Today’s announcement follows recent news of Options’ new cloud connectivity services with Equinix Cloud Exchange (ECX) Fabric™ and the successful deployment of colocation services in Australia and Canada.
About Options (www.options-it.com):
Options Technology is the leading 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. Today over 200 firms globally leverage our award-winning front to back office managed infrastructure: Managed Platform, Managed Colocation, Managed Applications and technology consultancy services. 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. Options was named among the UK’s leading growth companies in the 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table. In 2017, the firm received a growth investment from private equity firm Bregal Sagemount.