The Ion competitor is looking for better control, lower latency, and improved redundancy.
Recent tech and data M&A deals aren’t just about acquiring clients or 'bolt-on' solutions, but will yield longer-term gains through granular integration of the vendors’ product lines and technologies.
After pairings of the Options-Activ, Exegy-Vela, and now Pico-Redline, Anthony wonders whether the next wave of consolidation will involve the biggest tech and market data players.
For decades, market data platforms have been critical components of financial firms’ trading infrastructures. But with changing user needs and emerging technologies gaining ground, will the platforms of the past be replaced by upstart challengers—or can they evolve into something new?
A summary of some of the past week’s financial technology news.
A once crowded space, the middle market for data technology companies is becoming more valuable as vendors target scale to fend off rivals and take on bigger providers.
Over more than 20 years in the data and trading technology industry, Barnes has worked in a range of roles at various ISVs.
By making NYSE's Integrated Feed available via its managed connectivity platform, officials say the vendor now supports NYSE's entire suite of datafeeds.
Miller's appointment will support the vendor's continued growth, officials say.
The investment from the growth-focused PE firm follows a significant period of growth at Options.
EDM and managed services providers team up for joint solution
The agreement with Options will allow OTC Markets to reach "an even broader swath" of consumer firms, officials say.
The new office has space for more than 50 staff.
In addition to adding support for new co-location venues, the vendor has also upgraded some of its fiber paths.
The move will reduce latency for customers in the new datacenters accessing the consolidated feed.
Before joining Options, Viccars spent five years in sales roles at NYSE Technologies.
The new office can house more than 100 people, and will support the vendor's expansion and hiring plans.
Vendors tout "powerful" client advisory partnership for buy-side clients.
Consolidated option will broaden appeal to firms that are more cost-sensitive than latency-sensitive.
Woburn, Mass.-based low-latency ticker plant and feed handler vendor Redline Trading Solutions has unveiled a fully managed consolidated datafeed of US equities and options market data, dubbed RedlineFeed, using the vendor's InRush ticker plant to…
Infrastructure-as-a-service provider Options has appointed Brian McKimm as chief financial officer, to support the vendor's continued growth plans by overseeing the development of a global finance function.
Infrastructure-as-a-service provider Options has expanded into Equinix's TY3 datacenter in Tokyo to provide co-location services and access to global foreign exchange markets in response to increased customer demand.
Infrastructure-as-a-service provider Options (formerly Options IT) said it has expanded into CME Group's co-location facility in Aura, Illinois, completing its coverage of all US exchange co-location facilities.
Infrastructure-as-a-service provider Options (formerly Options IT) has added new European markets to its connectivity and managed co-location platform, providing customers with direct access to equities and derivatives feeds from Spanish exchange group…