ULLINK Deploys Low Latency DMA service UL NET+ on the Options PIPE® Platform

New York - 31 January 2011

The Full Suite of ULLINK Offerings, Including Low Latency Pre-Trade Risk Management Solutions, Now Available as a Fully Managed, On-Demand Service

Options IT, a leading provider of ultra-low latency market data and connectivity, managed application hosting, and high-performance technology Infrastructure-as-a-Service for the sellside and buyside, today announced ULLINK, a leading provider of low-latency connectivity, risk management and trading solutions, has deployed its UL NET+ service on the Options PIPE platform.

UL NET+ is ULLINK’s global, fully hosted and managed low-latency offering with a unique combination of high-speed market access, order routing, pre-Trade Risk management and advanced monitoring that allows firms to connect immediately to all global derivatives and cash markets. Sell-side and buy-side firms now have access to the full suite of ULLINK solutions as a fully managed service on the Options PIPE platform.

The Options PIPE platform is a fully managed and optimized global technology infrastructure and network connectivity environment providing on-demand, private cloud technology solutions to more than 120 investment banks, proprietary trading shops, brokerages, and traditional and alternative asset management firms globally.

“We’re delighted to work with ULLINK to provide an optimal hosting environment for trading firms wanting to leverage the full range of ULLINK solutions,” said Nigel Kneafsey, CEO of Options IT. “In light of the SEC’s looming compliance deadline banning unfiltered market access, we anticipate a huge surge in demand for a pre-trade risk management solution that fulfills regulatory obligations without impeding trade performance.”

Added Mo Takhim, Head of Managed Services at ULLINK, “In a post naked-access market environment, high frequency trading firms must now find a fully compliant pre-trade risk management solution that is robust, flexible and introduces the least amount of trading latency. We are happy to work with Options IT to offer our clients, a fully managed global low latency direct market access solution with SEC compliant advanced risk controls on the Options PIPE platform.”

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