Options Technology teams up with CSE to bolster market connectivity
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A prominent infrastructure and market data provider known as Options Technology recently partnered with the Canadian Securities Exchange (CSE). The primary goal of the new partnership is to improve market connectivity for the firm, and increase efficiency in order to provide secure trading experiences for all participants in the financial industry.
The CSE partnership to improve Options Technology’s services
The Canadian Securities Exchange is known as a hub for emerging and innovative firms, and as such, it has made an effort over the years to actively foster a robust and technologically advanced trading environment.
Now, it has selected Options Technology as its market connectivity partner, which will allow it to cement its position as the go-to exchange for any issuers spanning a variety of different industries.
Options Technology’s CEO and president, Danny Moore, commenced on the partnership, stating that it reflects the company’s commitment to supporting exchanges in their efforts to provide efficient, seamless, and secure trading experience for their users. Moore noted that Options is honored to be selected by the CSE, and that its state-of-the-art technology and expertise will be brought closer to market participants in the region thanks to this collaboration.
The company also pointed out that the new partnership aligns with its recent integration of ActivFeed. The integration was made to allow Options global data access through Azure, AWS, and Google Cloud Platform.
Options Technology made a series of impactful moves
Options Technology is a reputable firm, known for providing consolidated access to global market data sources across a wide variety of asset classes. It combines numerous integrations with hosted trading infrastructure and direct connectivity to counterparties. The firm’s unique setup allows for higher trading efficiency across numerous exchanges around the world.
The new partnership only adds further to a string of significant developments that Options has seen lately. Some examples include the promotion of Laura McCann to the position of the firm’s CFO, a partnership with OneTick, and securing its fifth Microsoft Solutions Partner Status.
In 2023, Options also consolidated its finance teams into a unit headquartered in Belfast, which signaled a pivotal moment for the firm. The company said that the initiative’s goal is to harness diverse talents over geographical boundaries, and fortify its scalability in the following five-year period.
In addition, Options Technology also launched a new global trading network which it named StrataNet. The new platform allows traders to access multiple trading venues and gain insight into the live market data, all by using 100GB connectivity.
Lastly, the company also joined forces with a prominent trading tech provider known as Tools for Brokers. This partnership’s goal is to focus on delivering market data streaming services to retail brokers. Doing so enhances their capabilities when it comes to accessing real-time and delayed financial instruments.
