Abstract:Options & Dukascopy: Join Forces to Transform Market Data Accessibility. Unveiling cutting-edge tech for real-time US Equities data, paving the way for seamless trading worldwide.
Options Technology has forged a strategic alliance with Dukascopy, a renowned Swiss online bank, to revolutionize the accessibility of real-time market data for US Equities. This partnership combines the cutting-edge technology stack of Options with the extensive experience and expertise of Dukascopy in online banking and trading solutions.
With this collaboration, clients can now access comprehensive market data seamlessly. Options' pre-deployed technology stack efficiently consumes, translates, and broadcasts normalized and historical tick data, offering clients worldwide a holistic view of multi-asset class market dynamics. This integration follows Options' recent full integration with Activ Financial, further augmenting its global market data sources.
Moreover, Options provides fully managed infrastructure and connectivity, facilitating trading across hundreds of venues globally. Combined with the firm's private financial cloud services, this ensures optimal hosting, direct market access, total cost of ownership (TCO) reduction, and top-notch resiliency and security standards.
Danny Moore, President and CEO of Options, expressed enthusiasm about the collaboration's potential to empower clients with cutting-edge tools essential for navigating the complexities of today's financial markets. He emphasized Options' commitment to innovation, expansion, and fostering enduring relationships.
Dmitrjs Kukels, Chief Brokerage Officer at Dukascopy, echoed Moore's sentiments, underscoring Dukascopy's dedication to being a reliable Swiss bank in the online trading industry. Kukels highlighted Dukascopy's decade-long reputation for offering narrow spreads in the Forex industry and its commitment to providing comprehensive coverage across margin trading for various financial instruments, including Forex and CFDs.
Looking forward, the cooperation between Options and Dukascopy seeks to explore new areas of stock coverage and develop innovative services to fulfill customers' changing demands. In addition to strengthening the already strong relationship between the two institutions, this collaborative endeavor establishes a standard for creative breakthroughs in the financial services industry.