Options IT Adds OMX Nordic Exchanges to its Global Market Connectivity Network

Connection Provides Multi-Asset Class, Ultra-Low Latency Market Data and Trading
on the Options PIPE Platform
NEW YORK--(Business Wire)--
Options IT, provider of high-performance technology solutions to hedge funds and
brokerages and pioneer of the Infrastructure-as-a-Service (IaaS) technology
management model, today announced it has expanded its Velocity high-speed market
connectivity service to include Europe`s OMX Nordic Exchanges.

The new connection provides Options IT`s Velocity clients with ultra-low latency
market data and trade execution across equities, derivatives and fixed income
products. Options IT ensures the lowest possible trading latency across markets
in North America, Europe and Asia by hosting client trading applications on
servers located next to each market`s matching engine.

Options IT`s expansion into the Nordic region follows the recent launch of
mandatory central counterparty clearing for Nordic stocks, which is expected to
reduce the trading costs and increase trade volumes across the region. That
combination is expected to draw the interest of the international high-frequency
trading shops, a core client demographic for Options IT.

"The central clearing mandate for Nordic stocks is perhaps the most notable
market structure change in the region since the adoption of electronic trading,"
said Nigel Kneafsey, CEO of Options IT. "This development should reduce risk,
significantly lower trading costs and increase trading volumes, making the
region much more attractive to our high-frequency trading clients."

Options IT`s IaaS offerings - Core, Expand, Velocity and Accelerate - are
provided individually or as a bundled service on the Options PIPE platform. The
product offerings range from infrastructure and technology management for
essential business operations to low-latency market data and connectivity for
high-frequency trading.

About Options IT (www.options-it.com):

Founded in 1993, Options IT is a global provider of high-performance technology
Infrastructure-as-a-Service (IaaS) and ultra-low latency market connectivity for
hedge funds, proprietary trading shops, private equity firms, and brokerages.
Combining innovative technology solutions with highly experienced technology
management and support professionals, Options IT provides financial services
firms with a high-performance, low-cost alternative to managing technology
infrastructure, advanced trading applications, and market connectivity
internally. With offices in North America, Europe and Asia, Options IT offers
global solutions to more than 120 buy-side and sell-side clients ranging from
$50 million to $40 billion in size.

Spring O`Brien, for Options IT
Marc Weinstein, 212-620-7100, ext. 216
marcw@spring-obrien.com

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