Capital Markets services provider, Options Technology, based in New York City, recently established a new office in Paris to oversee the company’s operations in the European market, according to a press release.
"We are delighted to be opening our new office in Paris, which represents an exciting step forward for Options in Europe,” Options President and CEO Danny Moore said. “We believe establishing a local presence in Paris will enable us to serve our clients better, expand our regional reach and continue our rapid growth trajectory.”
The new addition will allow Options to offer support to local clients and strengthen collaborations with key industry partners in the region. The company serves a global pool of investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges, offering a slate of high-performance managed trading infrastructure and cloud-enabled managed services to more than 550 firms worldwide.
“We are equally excited to announce Emma Sharkey as the Paris office team lead,” Moore said. “Her experience and dedication have been invaluable throughout this project and will enable our continued success, expansion of services and team development in the region.”
Based in Paris’ Eighth Arrondissement, the Option’s Paris-based office joins a catalog of other hubs in Toronto, Chicago, Auckland, New York, London, Singapore, Tokyo and Hong Kong, all of which have contributed to the company’s significant growth in recent years.
The new hub serves as Option’s latest expansion initiative, following the company’s collaboration with ETD, its testing round of OpenAI with real-time market data in Azure and its Infrastructure Solutions Partner status with Microsoft.
Options has received funding from Boston-based Private Equity Firm, Abry Partners in 2019, allowing it to “accelerate its growth strategy and develop its technology platform whilst expanding its reach in key financial centers globally,” a recent press release stated.