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Options Adds Colocation Service at Nasdaq Stockholm, Plans More Venues

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Options, a provider of global market data and colocation services, has made its high-performance managed colocation service available at Nasdaq Stockholm, the primary securities exchange of the Nordic countries.

The service gives colocated clients low latency connectivity to the exchange’s Nordic feeds and is part of a global expansion plan that will extend Options’ colocation infrastructure to additional markets across four continents through 2018. New venues will include Zurich in Switzerland, Milan in Italy, Madrid in Spain, Johannesburg in South Africa, and Seoul in South Korea. Today, Options offers colocation services at 20 trading hubs across Europe, North America and Asia.

Options’ global head of account management, Stephen Morrow, says: “This expansion marks a period of growth for Options. It follows the success of our extensive 2017 platform development, when we strengthened our colocation footprint in Toronto (TR1), New York (NY5), Hong Kong (HKEX) and Tokyo (JPX).”

Options’ cloud-based, managed colocation service provides ultra-low latency direct market access and application hosting services at the source of liquidity. It enables firms to deploy the most latency sensitive trading strategies across major liquidity venues globally.

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