Tools for Brokers (TFB), a provider of technologies in the trading industry, has partnered with Options Technology, an IT infrastructure provider to capital market companies, to offer retail brokers seamless streaming of the market data.

Options Technology Cooperate with Tools for Brokers

According to the press release, Options provides trading firms with access to a wide range of assets along with hardware for transmitting delayed and real-time data. The technology package offered by the company consumes, translates and sends normalized tick data to traders and clients, providing access to futures, indices, stocks and listed options.

"We are excited to partner with Options to provide a comprehensive solution to retail brokers for seamless streaming of real-time and delayed market data. Now clients will have an end-to-end solution, elevating their overall trading experience," Albina Zhdanova, the COO at Tools for Broker, commented.

According to the President and CEO at Options, Danny Moore, TFB provides technology access to expand the company's Managed Apps offering. The company will eliminate its dependence on expensive integration systems and strengthen its connectivity infrastructure through the recent collaboration.

The announcement continues Options' push for further growth following its acquisition of ACTIV Financial, a financial data provider for multiple asset classes, in October 2021.

Tools for Brokers Bets on New Markets and Platforms

Last year, Tools for Brokers focused on market expansion and the expansion of its white-label offerings. In November, the company announced the addition of the white-label platform Match-Trader (MTR), which Match-Trade Technologies developed. TFB offers MTR and its proprietary solutions, guaranteeing brokers looking to diversify their trading platforms access to more products.

In September 2022, the provider of the trading industry's technologies announced the opening of a new Singapore office to strengthen its presence in the Asian Pacific region.

"We are excited about the new office in Singapore," Sergei Gruzin, the Head of Business Development Asia at Tools for Brokers, said. He is currently working out of the new Singapore office.

With the latest presence in Singapore, Tools for Brokers is now operating from five global offices. The others are in the United Kingdom, Cyprus, Scotland and Russia.