Options bolsters Middle East presence with ADX integration

The move will support the firm’s ambitions across the region

Options Technology has added the Abu Dhabi Securities Exchange (ADX) market data feed to its AtlasFeed platform to boost its presence in the Middle East.

The stock exchange ranks among the world’s top 20 by market capitalisation and is the second-largest market in the Arab world.

It reportedly facilitates trading in a diverse range of securities, including equities issued by public and private joint stock companies as well as government and corporate debt instruments, exchange-traded funds (ETFs) and other financial instruments approved by the UAE Capital Markets Authority (CMA).

The onboarding forms part of Options’ broader effort to build a standardised framework for Middle Eastern market data feeds as the firm wants to support additional exchange integrations across the region while maintaining data consistency and operational efficiency.

“Expanding AtlasFeed to include ADX reflects our continued investment in the Middle East and our commitment to supporting clients operating in the region,” said Danny Moore, president and CEO of Options.

“By building a scalable framework for regional market data, we are well positioned to support future growth while maintaining the reliability and performance our clients expect.”

The move comes as the London-based IT infrastructure and managed services has been active on the M&A scene recently.

In February, it entered into an agreement to acquire US-based Crossvale to boost financial institutions’ private cloud and AI adoption.

The transaction completed in April.

The development also comes as the organisation has doubled down on its Middle East operations over the past 12 months despite the current instability in the region.

Last June, the company expanded its Microsoft Cloud Solution Provider (CSP) direct bill capabilities to Dubai, citing growing demand from hedge funds, private equity firms and asset managers based in London and New York.

The firm’s UK arm ranks number 71 on CRN’s Top VARs list.