NEW YORK, Sept. 18, 2008 (GLOBE NEWSWIRE) -- In response to the unavailability of Lehman Brothers trading and market data services, Options IT is providing trading continuity for markets in Asia, Europe and the US through the provision of market data, direct execution and managed application hosting.
Options IT is in the unique position of offering immediate migration of trading services over compatible market data interfaces via secure broker neutral facilities globally. All European, Asian and U.S. data feeds are available to clients on demand with minimal lead times.
Currently, Options is facilitating a number of rapid and successful migrations from Lehman Brothers services to alternative solutions based on the Options "PIPE(tm)" platform with established presence in New York, London, Chicago, Hong Kong, Tokyo and Singapore. The PIPE platform is an innovative solution that provides clients with trading continuity and unsurpassed performance, requiring little to no changes to customer systems.
Options IT is a leading provider of trading infrastructure as a service to hedge funds and the alternative investment management sector. Options offers optimized direct market connectivity and full service hosting of trading systems in key trading centers around the world via its PIPE Velocity and Accelerate services.
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