Nigel Kneafsey, CEO, Options
"Our aim has always been to build a product that will allow clients to focus solely on their trading and execution strategy."
New York - Options, the private financial cloud provider, has completed it's expansion into CME's co-location facility in Aurora, IL. This latest expansion sees the firm complete its build-out of all US exchange colocation venues and follows the IaaS provider's recent expansion into the NYSE Euronext exchange co-location facility in Mahwah, which was completed in June of this year.
Options presence in Aurora will extend Options' network and data center footprint. In particular, the Aurora expansion complements co-lo venues in Cermack, Basildon and Frankfurt.
Options' Aurora and Mahwah hosting is underpinned by the firm's Velocity platform, the IaaS provider's ultra-low latency market data, connectivity and application hosting service. Each co-location venue is linked via the Velocity platform, providing unified access, security, high-speed storage, and proactive monitoring with 24x7 global support. Velocity clients will also be able to leverage Options' extensive investment in Arista switching, which has reduced port-to-port latencies to under 400 nanoseconds.
Options CEO, Nigel Kneafsey, commented, "The Aurora expansion is particularly pleasing in that it is further evidence of the confidence the market is placing in the Options platform. Our aim has always been to build a product that will allow clients to focus solely on their trading and execution strategy, leaving the technology concerns to us. I believe our success in this regard is proven by the fact that the build-out in Aurora means Options now has a presence in all US exchange co-lo facilities."