Options Selected to Improve Connectivity for Japan Exchange Group (JPX)

Options has expanded its managed hosting and connectivity capabilities in Japan Exchange Group, Inc (JPX) providing access across both the Tokyo Stock Exchange (TSE) and Osaka Exchange (OSE).

JPX was established through the combination of the Tokyo Stock Exchange and Osaka Securities Exchange in 2013 in order to improve access to its market services, market data, order execution, and clearing and settlement.

As part of the partnership, Options will be working alongside the exchange for both low-latency market data, and order entry routing, with test/UAT access available also in the JPX colocation facility.

Jun Ashida, Managing Director for APAC at Options, said: “As the world’s leading Managed Colocation service provider, our focus is always to provide clients with stable Ultra-Low Latency connectivity and hosting services within a fully compliant infrastructure. We have worked closely with JPX in expanding our market data and order entry routing offering and are proud to offer clients best-in-class TSE and OSE market access.

“Coupled with our infrastructure upgrades and resilient high-capacity links across the region, clients can efficiently trade across all key Asia exchanges and liquidity venues with minimal latency”.

Kenichi Kobayashi, Director of IT services at Tokyo Stock Exchange, commented: “We are delighted to be working with Options to provide access across TSE and OSE markets. Combining Options’ and JPX’s financial infrastructure services will enable clients to leverage their businesses across both TSE Equities and OSE Derivatives markets, creating an optimal customer experience”.

Options was recently selected by a Top-Tier Investment Bank to expand its FX footprint across Singapore and partnered with Packets2Disk to provide Market-Leading Network Analytics and a decade of SOC compliance.

The fintech firm raised investment from Boston-based Private Equity Firm, Abry Partners, in 2019. The funding has fueled its growth strategy and platform development.

Options caters to investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses, and exchanges.

Founded in 1993, the firm operates from eight offices: New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore and New Zealand.

In May 2021, the firm appointed Jake Beeman as Chief Strategy Officer as he joined as part of the acquisition of Fixnetix from DXC Technology.

Options will leverage his expertise after leading Fixnetix, managing real-time data and analytics at Refinitiv, and establishing Pico Trading’s low latency backbone.