Options Technology Expands New York Office in the Financial District | LeapRate
Options Technology revealed Tuesday that it has expanded its New York office, citing rising client growth and increased demand across North America for its trading infrastructure and market data services.
The provider of IT infrastructure to financial institutions said the 34,000-square-foot office, in the city’s Financial District, deepens its footprint and brings it closer to clients and partners, including several Tier 1 banks and exchanges.
The move follows a series of regional developments for the firm, including offering immediate access to the Texas Stock Exchange and delivering what it described as the first commercially accessible quantum computing capability for New York’s capital markets.
“From when we opened the doors of our first New York office in 2006, we have gone from strength to strength,” said Tim Yockel, senior vice president of global sales.
“This new office is not only key in further establishing our presence in New York, but it also marks how much we have grown as a company over the past 20 years.”
Danny Moore, president and chief executive, said the opening at 28 Liberty Street was “a direct result of our success in this region,” adding that growing demand established the firm “as the leading partner for top financial firms in New York but globally.”
The expansion follows other growth initiatives, including office openings in Cambridge, London and Hong Kong early last year and the recent acquisition of Crossvale. Options serves clients globally from offices spanning New York, London, Paris, Belfast, Tokyo, Singapore, Dubai and Sydney, among others.
