ULLINK Deploys Options IT's UL NET+ Service

ULLINK, a provider of low-latency connectivity, risk management, and trading solutions, has deployed Options IT’s UL NET (News - Alert)+ service on the Options PIPE platform, a press release stated.

Options IT is a provider of ultra-low latency market data and connectivity, managed application hosting, and high-performance technology Infrastructure-as-a-Service for the sellside and buyside.

The Options PIPE platform is a fully managed and optimized global technology infrastructure, and network connectivity environment.

"We're delighted to work with ULLINK to provide an optimal hosting environment for trading firms wanting to leverage the full range of ULLINK solutions." said Nigel Kneafsey, CEO of Options IT. "In light of the SEC's (News - Alert) looming compliance deadline banning unfiltered market access, we anticipate a huge surge in demand for a pre-trade risk management solution that fulfills regulatory obligations without impeding trade performance."

UL NET + from ULLINK is a global, fully hosted and managed low-latency offering boasting a unique combination of high-speed market access, order routing, pre-Trade Risk management and advanced monitoring.

This combination allows firms to connect immediately to all global derivatives and cash markets.

"In a post naked-access market environment, high frequency trading firms must now find a fully compliant pre-trade risk management solution that is robust, flexible, and introduces the least amount of trading latency,” said Mo Takhim, head of Managed Services at ULLINK. “We are happy to work with Options IT to offer our clients, a fully managed global low latency direct market access solution with SEC compliant advanced risk controls on the Options PIPE platform."

A related article was also published at TMCnet entitled,  “IBM (News - Alert) To Make Options IT's Existing Platform Cloud-Ready for Financial Markets.”

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