Essex Radez to extend V-Tick market data network into CBOE data center

Mike Eichin, director of operations, Essex Radez. "We look forward to providing exchange members with a comprehensive alternative to that previously available."

Essex Radez has announced that it has received approval from the Chicago Board of Options Exchange to extend the V-Tick market data services into the exchange's Chicago data center at 400 S. LaSalle. This center is used by members to co-locate their trading applications and, with this extension, exchange members will now have an alternate data vendor to supply low latency access to direct feeds and execution links of all North American exchanges.

"Existing infrastructure allows us to supply SFTI and NASDAQ level one market data service even as we make preparation for the installation of the GigE capacity lines necessary to bring in the remaining feeds," said Mike Eichin, director of operations for Essex Radez. "We look forward to providing exchange members with a comprehensive alternative to that previously available," added Eichin.

With this announcement, CBOE's becomes the fifth data center in the V-Tick network. As previously reported, Radez recently expanded its presence at the Equinix NY4 center in Secaucus, New Jersey, to insure the availability of all North American exchange feeds and execution links.