Options Technology goes beyond FX and Equities, enters Fixed Income space
“Since 2018 we have successfully onboarded many of the leading global investment banks allowing them to successfully trade the Fixed Income Markets on a secure, production-hardened, interconnected platform. We continue to see a surge in demand from existing clients and new prospects across the region given the need to move away from legacy infrastructure coupled with the heightened cybersecurity risk in the market; we expect this trend to continue.”
Options Technology, a key player in providing connectivity and hosting services to the global financial services sector, announced its expansion into the electronic Fixed Income space.
This move is aimed at catering to the burgeoning demand for robust, specialized platforms in Fixed Income trading, a market that has witnessed considerable growth in recent years.
Options Technology’s growth fueled by cybersecurity concerns
“Today’s announcement marks a significant milestone for Options as we continue our global expansion, solidifying our position as the leading provider of cutting-edge connectivity and hosting services in the Electronic Fixed Income market,” said Samuel Farmer, Options’ SVP of EMEA.
Options plans to leverage its expertise in providing trading solutions in Equities and FX to offer end-to-end solutions for Fixed Income market participants. With its recent expansion in Europe and strengthened connectivity to key trading venues like Deutsche Boerse, Euronext, and Senaf, the company is well-positioned to deliver advanced solutions for efficient, cost-effective trading in this critical sector.
“Since 2018 we have successfully onboarded many of the leading global investment banks allowing them to successfully trade the Fixed Income Markets on a secure, production-hardened, interconnected platform. We continue to see a surge in demand from existing clients and new prospects across the region given the need to move away from legacy infrastructure coupled with the heightened cybersecurity risk in the market; we expect this trend to continue,” Farmer added.
This announcement is the latest in a string of developments for Options, which include creating 200 jobs in Belfast, partnering with valantic, and globally delivering seamless 100Gb OPRA data feed migrations. In 2019, Options received a significant investment from Boston-based private equity firm Abry Partners, enabling it to accelerate its global growth strategy.
Founded in 1993, Options Technology has grown from a hedge fund technology services provider to the leading provider of IT infrastructure for Capital Markets firms. The company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 550 firms worldwide. Options has offices in eight key cities, including New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore, and Auckland.
