Options Technology, a provider of cloud-enabled managed services to the global financial sector, has launched a global trading network. Dubbed StrataNet, the new platform aims to set new benchmarks and enable traders to access liquidity centers for market data and order entry services.
Danny Moore, the President and CEO of Options Technology said: "In an ever-evolving financial landscape, speed, stability, and resilience are paramount for trading firms seeking to access liquidity and execute trades with confidence. The cornerstone of our services is our commitment to providing exceptional resilience, stability, and low-latency access to multiple trading venues."
Options Technology Enhances Trading Connectivity
StrataNet offers high-capacity 100Gb connectivity for low-latency data. Traders can choose between dedicated or shared hosting solutions that best suit their requirements, or they can connect directly to the network from their existing trading environments for instant access to global capital markets.
Additionally, StrataNet provides low-latency Layer 1 connectivity in real-time and historical market data. According to Options, it is a one-stop shop for traders, ensuring they benefit from the lowest latency routes, comprehensive service management, and round-the-clock support for uninterrupted trading operations.
"StrataNet represents a pivotal milestone in the evolution of trading technology," Moore added. "We're proud to offer a unique, fully managed service wrapper that, combined with high-capacity connectivity , empowers trading firms with unparalleled speed and support."
Expanding Services for Retail Brokers
At the beginning of the year, Tools for Brokers teamed up with Options Technology to enhance how retail brokers access and stream market data. Options stated that it aimed to eliminate its reliance on expensive integration systems, and this aligns with its ongoing efforts to expand and evolve following the acquisition of ACTIV Financial in October 2021.
In 2019, Options received a substantial investment from the Boston-based private equity firm Abry Partners. This investment has fueled its growth strategy, enabling it to develop a technology platform and expand its global reach in key financial centers.
Founded in 1993, Options Technology has gained prominence for offering trading firms access to a diverse range of assets, accompanied by hardware for transmitting delayed and real-time data. Its technology facilitates consuming, translating, and sending market data to traders and clients.
