Exegy Ticker Plant deployed on Options PIPE® Platform

Nigel Kneafsey, CEO, Options IT: "As the race to reduce latency continues to build momentum, our clients are increasingly seeking out market data applications like Exegy's that provide a competitive advantage."

Options IT has announced that Exegy Incorporated has deployed its ultra-low latency Exegy Ticker Plant on the Options PIPE platform.

Both buy-side and sell-side firms may now leverage the Exegy Ticker Plant as a fully optimized and managed proximity-hosting service powered by the Options PIPE platform.

"We're delighted to work with Exegy to provide a managed hosting environment for Options PIPE clients who want to leverage the Exegy Ticker Plant," said Nigel Kneafsey, CEO of Options IT. "As the race to reduce latency continues to build momentum, our clients are increasingly seeking out market data applications like Exegy's that provide a competitive advantage."

Added Jim O'Donnell, Chairman and CEO of Exegy, "As market data rates continue to explode, reducing data processing latency becomes increasingly important to the success of high-frequency trading strategies. We're pleased to add Options IT as one of our technology providers for our mutual clients."