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Options expands to South America

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Options, a provider of cloud-enabled managed services to the global capital markets, has connected to production trading and test services B3 – Brasil Bolsa Balcão in São Paulo, Brazil. Options’ clients can now access and trade Commodity Derivatives, Derivatives, Equities and Indices products at this top tier exchange and can now avail of ultra-low latency market access across all asset classes utilising Options’ fully resilient global trading backbone.

Options have successfully deployed colocation infrastructure at all exchanges as part of its extensive 2020 global platform expansion and connectivity to B3 is a critical step in satisfying increasing client demand to connect to this major South American venue. The introduction of the B3 in South America comes as the latest addition to the firm’s premier managed services, which are available at 40+ key trading venues across Europe, North America, South Africa, Asia and now South America. Today’s news follows recent successful expansion across Australia into ASX, and comes following Options announcement of strategic plans to expand their global footprint into Moscow.

Options facilitate 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.

The announcement follows recent news of Options’ business operations growth across New Zealand, Australia, Canada and Asia. The expansion into South America is part of an ongoing, global initiative to bring Options sales, operations, account management and support teams closer to key customers globally. It follows several appointments to the executive team across the Sales, Engineering and regional Managing Director functions.

Options’ Chief Operating Officer, Stephen Morrow, says: “As latency-sensitive clients seek the latest liquidity sites, they look to Options to connect them with agility to the highest quality data sources available. Adding connectivity through B3 will enable our clients to access South America in a way that was not previously possible. We are delighted to make this addition to the Options network.”

Options’ Managed Colocation platform provides ultra-low latency market data, connectivity and application hosting services at the source of liquidity. Boasting over 40+ colocation sites worldwide with order entry access, connectivity to 400+ 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. 

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