Options, the leading provider of cloud-enabled managed services to the global capital markets, today confirmed day one connectivity for all clients into the National Market System’s (NMS) new low-latency network, NMS NET, located in the Mahwah data center in New Jersey.
This new 40 Gbps network, available through Consolidated Tape Association (CTA) and Options Price Reporting Authority (OPRA), enables clients to access essential consolidated data feeds with materially improved network performance, reducing shared market latency to best possible latency. Options’ clients were transitioned seamlessly to NMS NET for start of day trading this past Monday, September 28th, utilizing its improved speed from the moment of production launch.
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,