Options IT has enhanced trading connectivity between New York and Chicago for its Pipe Velocity service clients. Customers of PIPE Velocity service will have access to fiber pathway providing lowest latency trading between Chicago and New York markets. The upgrade reduced PIPE Velocity round-trip trading latency between Chicago and New York by two milliseconds. PIPE Velocity is a solution for high frequency trading strategies offering prime exchange colocated datacenter space, ultra-low latency market data and connectivity, including others.

Click here for the release from Business Wire.