Options PIPE Platform expands into Interxion Hub

Nigel Kneafsey, CEO, Options IT: "Providing the closest proximity and lowest-latency access to the markets in which our clients execute their trading strategies is a primary focus and competitive differentiator for our Options PIPE services."

Interxion has announced that Options IT has expanded its global Options PIPE platform to Interxion's City of London Financial Hub.

Through the agreement, Options IT has connected via dark fiber to Interxion's Financial Hub from its data centre in Northwest London and now provides its full suite of services, including fully redundant front-, middle-, and back-office technology infrastructure and managed hosting, ultra-low latency market data, and connectivity to the high-frequency traders and brokers currently residing in Interxion's Financial Hub.

"Providing the closest proximity and lowest-latency access to the markets in which our clients execute their trading strategies is a primary focus and competitive differentiator for our Options PIPE services," said Nigel Kneafsey, CEO, Options IT. "We chose to expand to Interxion's Financial Hub facility, which has built up a critical mass of capital market participants, because it provides the type of environment that enhances the benefits delivered to firms leveraging our services."

"This agreement is further evidence of our growing reputation as one of the leading proximity hosting providers to the financial services industry and further reinforces the value of our City of London Financial Hub," said Anthony Foy, Group MD Interxion. "Our equi-distance to the most important liquidity markets and the ability to deliver sub-millisecond access to all London-based trading venues, combined with a broad choice of low-latency networks and access to technology providers such as Options IT, makes Interxion a compelling proposition for capital market participants."