BLOX Markets has announced a partnership with Options Technology to provide trading infrastructure and market data services for Openpool, a U.S. equities trading venue under development. The venue is intended to serve retail investors with improved access and execution quality through enhanced order competition.
As part of the agreement, BLOX Markets will integrate Options Technology’s ultra-low latency infrastructure and the AtlasFeed market data solution. The firms said this technology will support the performance and accessibility goals of Openpool, which is designed to operate as a modern retail-focused marketplace.
“A retail-focused U.S. equities trading venue”
Danny Moore, President and CEO of Options Technology, commented, “We are delighted to collaborate with BLOX Markets on the launch of Openpool. This partnership reflects our commitment to enabling next-generation trading venues with the tools they need to scale and innovate. We look forward to supporting BLOX Markets in their retail-focused U.S. equities trading venue and as they expand their global footprint.”
Khody Azmoon, CEO of BLOX Markets, commented, “We are excited to partner with Options to utilize their low-latency trading infrastructure and their low-latency market data solution, AtlasFeed, to power Openpool. We reviewed multiple trading infrastructure providers and Options aligned with our underlying thesis of utilizing emerging technologies to broaden access and enhance market efficiency.”
The trading venue, while not yet operational, is currently undergoing the regulatory filing process. BLOX Markets stated that once approved, Openpool will allow greater participation from retail and institutional market participants in U.S. equity markets.
The announcement follows recent developments at Options, including its 14th consecutive year of SOC Compliance, the launch of Cboe Hanweck’s European option analytics feed, and office expansion in Hong Kong.
Options Technology serves global clients in banking and trading with a presence in cities including New York, London, Tokyo, and Singapore. The company specializes in cloud, networking, and AI-related services for capital markets participants.
BLOX Markets is developing Openpool to offer retail investors a new access channel to off-exchange equity flows through order competition. The company said its model would allow both retail and institutional investors to interact more efficiently in U.S. equities markets.
Options Acquired Packets2Disk to Integrate Atlas
Options recently acquired Packets2Disk (P2D), a high-fidelity packet capture and analytics platform, to strengthen its ability to provide real-time capture, monitoring, and decode capabilities around market and trading data while delivering an easily integrated analytics platform as a SaaS or fully managed service model for all data and analytics requirements.
The strategic acquisition came on the heels of the recent launch of the Atlas product suite, which covers the firm’s network, market data, and trading infrastructure solutions. The comprehensive suite of four integrated products, Atlas is designed to deliver transparency for market data delivery and trading infrastructure through:
- AtlasFabric, a low-latency, fully resilient, high-availability network;
- AtlasFeed, the company’s industry-leading normalized and consolidated data feed service;
- AtlasEnterprise, a versatile platform offering clients complete control over their market data; and the suite’s standout feature,
- AtlasVision, which provides cutting-edge monitoring and alerting tools.
- AtlasVision delivers real-time insights into market data routing, live circuit updates, and automated gap detection, transforming transparency and control in market data management.
P2D is considered a disruptor in capital market analytics, boasting powerful packet capture technology that allows clients to track and analyze real-time and historical raw data (PCAP) through an easy-to-use GUI or API.
The firm delivers insights into trading and market data and is already a go-to platform, leveraged in production by some of the world’s leading Exchange and Asset Management firms.
With the acquisition of P2D, Options addresses critical industry challenges with capex-heavy refresh cycles, unpredictable running costs, and reliance on expensive in-house expertise. The integration of P2D’s technology into Options’ existing offerings provides a predictable, all-inclusive cost model, available as a subscription or managed service across its network of 60+ global data centers.
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