CHICAGO & NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Apr 29, 2025--
Options Technology (Options), a leading provider of cloud-enabled managed services for global capital markets, today announced that it will be the first vendor to deliver OTC Markets' MOON ATS™ and OTC Overnight market data, via its industry-leading AtlasFeed.
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This will enhance Options' market data offerings, providing traders with unparalleled access to overnight liquidity and global market coverage. It also represents a key milestone in OTC Markets' ongoing efforts to expand its innovative platforms, offering a 24/5 trading model tailored to meet the needs of global investors seeking more flexible trading opportunities.
By leveraging Options’ AtlasFeed, market participants will benefit from low-latency, normalized data that ensures real-time pricing and liquidity insights, irrespective of time zone.
Danny Moore, President and CEO of Options, commented: “As the first vendor to carry OTC’s overnight data via AtlasFeed, Options is proud to continue its commitment to providing best-in-class, scalable infrastructure that meets the evolving needs of institutional traders, quant firms, and market-making firms worldwide. This partnership reinforces our commitment to offering highly accessible, low-latency, normalized data across multiple venues, helping traders to make smarter, more informed decisions around the clock.”
Cromwell Coulson, CEO of OTC Markets, added, "We are thrilled to collaborate with Options to provide OTC Markets’ MOON ATS and OTC Overnight market data via AtlasFeed. AtlasFeed’s expansive global reach, ensures more broker-dealers and investors have transparent prices and insights to trade efficiently in overnight markets. The Options team’s ability to quickly integrate new data sources to meet client demand is impressive.”
This latest development builds on Options’ established reputation for delivering high-performance market data solutions to the global financial industry. It follows the company’s continuous drive for innovation and expanding service offerings, including its commitment to low-latency market connectivity, real-time data access, and 24/7 client support.
Today’s news comes as the latest in a series of major milestones at Options, including the expansion of its Chicago and Hong Kong offices, its partnership with Data Intellect and the deployment of Cboe Hanweck’s European option analytics data feed.
Options Technology:
Options Technology (Options) is a financial technology company at the forefront of banking and trading infrastructure. We serve clients globally with offices in New York, London, Belfast, Cambridge, Chicago, Hong Kong, Tokyo, Singapore, Paris, and Auckland. At Options, our services are woven into the hottest trends in global technology, including high-performance Networking, Cloud, Security, and AI (Artificial Intelligence).
www.options-it.com
About OTC Markets Group Inc:
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX ® Best Market, OTCQB ® Venture Market and Pink ® Open Market.
Our OTC Link ® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB and MOON ATS are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
Options today announced that it will be the first vendor to deliver OTC Markets' MOON ATS™ and OTC Overnight market data, via its industry-leading AtlasFeed.
RIYADH, Saudi Arabia (AP) — President Donald Trump opened his four-day Mideast trip on Tuesday by paying a visit to Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, for talks on U.S. efforts to dismantle Iran's nuclear program, end the war in Gaza, hold down oil prices and more.
Bin Salman warmly greeted Trump as he stepped off Air Force One and kicked off his Middle East tour. The two leaders then retreated to a grand hall at the Riyadh airport for a coffee ceremony.
The crown prince will fete Trump with a formal dinner and Trump is slated to take part later Tuesday in a U.S.-Saudi investment conference.
The U.S. president on Wednesday will join a gathering of members of the Gulf Cooperation Council, which is made up of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, before leaving Riyadh.
Saudi Arabia and fellow OPEC+ nations have already helped their cause with Trump early in his second term by stepping up oil production. Trump sees cheap energy as a key component to lowering costs and stemming inflation for Americans. The president has also made the case that lower oil prices will hasten an end to Russia's war on Ukraine.
But Saudi Arabia's economy remains heavily dependent on oil, and the kingdom needs a fiscal break-even oil price of $96 to $98 a barrel to balance its budget. It's questionable how long OPEC+, of which Saudi Arabia is the leading member, is willing to keep production elevated. The price of a barrel of Brent crude closed Monday at $64.77.
“One of the challenges for the Gulf states of lower oil prices is it doesn’t necessarily imperil economic diversification programs, but it certainly makes them harder,” said Jon Alterman, a senior Middle East analyst at the Center for Strategic and International Studies in Washington.
Trump picked the kingdom for his first stop because it has pledged to make big investments in the U.S., but Trump ended up traveling to Italy last month for Pope Francis’ funeral. Riyadh was the first overseas stop of his first term.
The three countries on the president's itinerary — Saudi Arabia, Qatar and the United Arab Emirates — are all places where the Trump Organization, run by Trump's two elder sons, is developing major real estate projects. They include a high-rise tower in Jeddah, a luxury hotel in Dubai and a golf course and villa complex in Qatar.
Trump is trying to demonstrate that his transactional strategy for international politics is paying dividends as he faces criticism from Democrats who say his global tariff war and approach to Russia’s war on Ukraine are isolating the United States from allies.
He’s expected to announce deals with the three wealthy countries that will touch on artificial intelligence, expanding energy cooperation and perhaps new arms sales to Saudi Arabia. The administration earlier this month announced initial approval to sell $3.5 billion worth of air-to-air missiles for Saudi Arabia’s fighter jets.
But Trump arrives in the Mideast at a moment when his top regional allies, Israel and Saudi Arabia, are far from neatly aligned with his approach.
Ahead of the trip, Trump announced that the U.S. was halting a nearly two-month U.S. airstrike campaign against Yemen’s Houthis, saying the Iran-backed rebels have pledged to stop attacking ships along a vital global trade route.
The administration didn’t notify Israel — which the Houthis continue to target — of the agreement before Trump publicly announced it. It was the latest example of Trump leaving the Israelis in the dark about his administration’s negotiations with common adversaries.
In March, Israeli Prime Minister Benjamin Netanyahu wasn’t notified by the administration until after talks began with Hamas about the war in Gaza. And Netanyahu found out about the ongoing U.S. nuclear talks with Iran only when Trump announced them during an Oval Office visit by the Israeli leader last month.
“Israel will defend itself by itself,” Netanyahu said last week following Trump’s Houthi truce announcement. “If others join us — our American friends — all the better."
William Wechsler, senior director of the Rafik Hariri Center and Middle East Programs at the Atlantic Council, said Trump’s decision to skip Israel on his first Middle East visit is remarkable.
“The main message coming out of this, at least as the itinerary stands today, is that the governments of the Gulf ... are in fact stronger friends to President Trump than the current government of Israel at this moment,” Wechsler said.
Trump, meanwhile, hopes to restart his first-term effort to normalize relations between the Middle East’s major powers, Israel and Saudi Arabia. Trump’s Abraham Accords effort led to Sudan, the UAE, Bahrain and Morocco agreeing to normalize relations with Israel.
But Riyadh has made clear that in exchange for normalization it wants U.S. security guarantees, assistance with the kingdom’s nuclear program and progress on a pathway to Palestinian statehood. There seems to be scant hope for making headway on a Palestinian state with the Israel-Hamas war raging and the Israelis threatening to flatten and occupy Gaza.
Bin Salman last week notably hosted Palestinian Vice President Hussein Sheikh in Jeddah on the sheikh’s first foreign visit since assuming office in April.
Hussain Abdul-Hussain, a research fellow at the Foundation for Defense of Democracies, said the crown prince appeared to be subtly signaling to Trump that the kingdom needs to see progress on Palestinian statehood for the Saudis to begin seriously moving on a normalization deal with the Israelis.
“Knowing how the Saudis telegraph their intentions, that’s a preemptive, ‘Don’t even think of asking us to show any goodwill toward normalization,’” Abdul-Hussain said.
Trump says he will decide during the trip how the U.S. government will refer to the body of water now commonly known as the Persian Gulf. He told reporters that he expects his hosts will ask him about the U.S. officially calling the waterway the Arabian Gulf or Gulf of Arabia.
Abbas Aragachi, the Iranian foreign minister, has warned that changing how the U.S. refers to the waterway would compel the “wrath of all Iranians from all walks of life and political persuasion in Iran, the U.S. and across the world.”
President Donald Trump, left, speaks with Saudi Arabia's Crown Prince Mohammed bin Salman during family photo session at G-20 leaders summit in Osaka, Japan, June 28, 2019. (Kim Kyung-Hoon/Pool Photo via AP, File)
