Options Announces Further Expansion Into Cryptocurrency Market Through Gemini Exchange

Options, a provider of cloud-enabled managed services for the global capital markets, announced on Friday it is further expanding into the cryptocurrency market through digital asset exchange, Gemini. Options reported that the announcement follows recent news of Options’ business operations growth across New Zealand, Australia, Asia, Canada, South America, and Russia.

Options reported its Managed Colocation platform provides ultra-low latency market data, connectivity and application hosting services at the source of liquidity. Boasting over 40 colocation sites worldwide, including order entry access, connectivity to more than 400 native market data feeds and consolidated, normalized feeds from a variety of leading market data vendors, it enables firms to deploy the most latency-sensitive trading strategies across all major liquidity venues globally.

Options is a global leader in financial technology managed services and IT infrastructure products. We enable our clients to deliver a dual mandate: operating world-class financial technology infrastructure today, while supporting business scalability and new technology for tomorrow.”

Speaking about the collaboration, Drew Candres, Director of Technical Exchange Services at Gemini, stated:

“Gemini has consistently built an institutional-grade infrastructure that offers global connectivity and best in class trading technology. Adding Options to our list of trusted providers continues to further expand our global connectivity offering, helping more institutional customers access crypto spot markets in a reliable and high- performing way similar to traditional capital markets trading.”

Stephen Morrow, COO at Options, then added:

“We are delighted to have Gemini available on Options’ global trading network and to be recognized as an official connectivity provider to the Exchange. Being a recognized partner of the Gemini Trust Company (LLC) provides our clients high-quality, fast and reliable access to Gemini, making trading in cryptocurrency as seamless as other, more traditional, asset classes.”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.