Options Announces Expansion into the Newly Launched Members Exchange (MEMX)

NEW YORK & LONDON--(BUSINESS WIRE)--Options, the leading provider of cloud-enabled managed services to the global capital markets, announces day one connectivity into the Members Exchange (MEMX) which launched on September 21st.

The direct connectivity to MEMX is an exciting addition to the recent growth in the firm’s colocation footprint and confirms Options’ position as a recognised partner of the exchange. MEMX aims to offer a streamlined, transparent platform with competitive pricing on market data, connectivity, and transaction fees.

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.

Today’s announcement follows recent news of Options’ expansion into the Long-Term Stock Exchange and National Market System’s NMS NET. Options also recently announced that they had achieved Equinix Platinum Partner status.

Stephen Morrow, COO at Options, commented, “This summer has seen a shake-up within the traditional US securities markets, with the rapid addition of three new, and fully regulated trading venues. We are excited to be working with the Members Exchange (MEMX), and to be able to provide their critical market data and connectivity to our wider trading community.”

About Options (www.options-it.com):

Options Technology is the leading provider of cloud-enabled managed services to the global financial services sector. Founded in 1993, the company began life as a hedge fund technology services provider. Today over 200 firms globally leverage our award-winning front to back office managed infrastructure: Managed Platform, Managed Colocation, Managed Applications and technology consultancy services. Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges.

Options was named among the UK’s leading growth companies in the 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table.

For more on Options, please visit www.options-it.com, follow us on Twitter at @Options_IT and visit our LinkedIn page.