Options Technology, a prominent infrastructure and market data provider, has partnered with the Canadian Securities Exchange (CSE). This collaboration aims to bolster market connectivity for the company, enhance efficiency, and secure trading experiences for diverse participants in the financial industry.
The CSE, renowned as a hub for innovative and emerging companies, has actively fostered a robust and technologically advanced trading environment. By selecting Options as its market connectivity partner, the exchange seeks to fortify its position as the primary exchange for issuers spanning various industries.
Danny Moore, the President and CEO of Options Technology mentioned: "This partnership reflects our commitment to supporting exchanges in their efforts to provide seamless, efficient, and secure trading experiences to their participants. We are honored to be selected by the Canadian Securities Exchange and bring our state-of-the-art technology and expertise even closer to market participants in the region."
According to the official statement from the company, this partnership aligns with Options' recent integration of ActivFeed for global data access through AWS, Google Cloud Platform, and Azure.
Options Technology's Expanding Horizon
Options Technology, recognized for providing consolidated access to global market data sources across multiple asset classes, combines these integrations with hosted trading infrastructure and direct connectivity to counterparties. This setup enables efficient trading across multiple global exchanges.
Today's announcement adds to a series of noteworthy developments for Options Technology, including partnerships with OneTick, the promotion of Laura McCann to CFO, and achieving the fifth Microsoft Solutions Partner Status. Last year, Options Technology consolidated its finance teams into a unit based in Belfast, signaling a pivotal moment for the company. According to the company, this initiative aims to harness diverse talents across geographical boundaries and fortify its scalability over the next five years.
Consolidating Global Trading Network
Additionally, Options Technology has launched StrataNet, a global trading network. This platform provides traders access to market data and multiple trading venues through 100Gb connectivity.
Besides that, Options Technology teamed up with Tools for Brokers, a prominent trading technology provider. This collaboration focuses on delivering market data streaming services to retail brokers, enhancing their ability to access real-time and delayed financial instruments. With Tools for Brokers' global presence in the UK, Cyprus, Scotland, Russia, and Singapore, Options Technology plans to offer trading solutions on a broader scale.
