Options establishes direct connection with Gemini cryptocurrency exchange

Options, a provider of cloud-enabled managed services to the global capital markets, has expanded further into the cryptocurrency market through the Gemini Trust Company (Gemini), a next-generation digital asset exchange.

Options facilitates trading at hundreds of venues worldwide with fully managed colocation services available alongside the firm’s application management solution, combining hosting with rapid time to market, TCO reduction, and best-in-class resiliency and security. It offers a rich mix of hosting, compute, storage and market data options from over 40 physical trading venues across Europe, North America, South America, South Africa, Russia and Asia.

The announcement follows recent news of Options’ business operations growth across New Zealand, Australia, Asia, Canada, South America and Russia in addition to several appointments to the executive team across the Sales, Engineering and regional Managing Director functions and Options’ announcement on achieving Equinix Platinum Partner status.

“Gemini has consistently built an institutional-grade infrastructure that offers global connectivity and best in class trading technology. Adding Options to our list of trusted providers continues to further expand our global connectivity offering, helping more institutional customers access crypto spot markets in a reliable and high- performing way similar to traditional capital markets trading,” says Drew Candres, Director, Technical Exchange Services, Gemini.

Stephen Morrow, COO at Options, says: “We are delighted to have Gemini available on Options’ global trading network and to be recognised as an official connectivity provider to the Exchange. Being a recognised partner of the Gemini Trust Company (LLC) provides our clients high-quality, fast and reliable access to Gemini, making trading in cryptocurrency as seamless as other, more traditional, asset classes.”

Options’ Managed Colocation platform provides ultra-low latency market data, connectivity and application hosting services at the source of liquidity. Boasting over 40-plus colocation sites worldwide, including order entry access, connectivity to 400-plus native market data feeds and consolidated, normalised feeds from a variety of leading market data vendors, it enables firms to deploy the most latency-sensitive trading strategies across all major liquidity venues globally. Market connectivity is available by colocating directly at the exchange source for ultra-low latency applications, and out of region with the flexibility to connect to away market venues from any of the 40-plus data centre locations available on the highly resilient Options global financial network.