The global equity options market is booming. In 2023 alone, the volume of exchange traded equity options surged by a staggering 98%, with open interest in options rising 18% to 955 million contracts. The increased popularity of equity options trading can be attributed to factors such as advancements in network connectivity, broader financial market developments such as the rise of cryptocurrencies and artificial intelligence, and innovations in technology infrastructure.
The need for speed and reliability is pushing the industry to create new marketplaces with faster connections and more robust systems. To keep up with these demands, institutional traders must embrace the industry-specific, custom-built connectivity and networking solutions that a trusted and proven managed service provider can offer for real-time equity options data.
One Connection to All 18 US Equity Options
This is where TNS comes in. We eliminate complexity by offering access to all US equity options exchanges through a single, reliable network. TNS boasts one of the fastest commercially available fiber networks in the New York metro area, offering connectivity to all 18 US equity options exchanges.
Our dedicated operations teams ensure network optimization through a blend of high capacity, ultra-low latency, and maximum uptime delivered via fully diverse circuits. Dark fiber connectivity gives traders ultra-high-speed access to real-time, full depth of book, raw equity options data feeds.
TNS’ latest expansion in equity options includes connectivity and market data support for the newly launched MIAX Sapphire™ Options Exchange. MIAX Sapphire, MIAX’s fourth US multi-listed options exchange, will provide both electronic trading and a physical trading floor in Miami, Florida.
What This Means for Institutional Traders
1. Comprehensive Market Access
With the addition of MIAX Sapphire, traders can now enjoy even broader coverage of US equity options exchanges, enabling them to trade across all 18 venues.
2. Enhanced Market Data Services
With access to MIAX Sapphire’s market data, institutional traders can make informed decisions based on real-time equity options data, helping to gain a competitive edge in the equity options market.
3. Reliable Infrastructure
With a global presence and 24x7x365 monitoring by TNS’ Network Operations Centers, customers can rely on TNS for secure, stable, and resilient connectivity.
4. Streamlined Operations
A managed service approach that streamlines the process for customers, providing a hassle-free experience by taking care of everything from connectivity to market data support, enabling institutional traders to concentrate on their equity options trading strategies.
Navigate US Equity Options Exchanges with Ease
TNS customers can access the following US equity options exchanges:
CBOE BZX Options
CBOE C1
CBOE C2
CBOE EDGX Options
MIAX
MIAX Emerald
MIAX Peral
MIAX Sapphire
Nasdaq BX Options
Nasdaq GEMX
Nasdaq ISE
Nasdaq MRX
Nasdaq Options Market
Nasdaq PHLX
NYSE American Options
NYSE Arca Options
With TNS, traders can confidently and efficiently navigate the US equity options exchanges.
Jeff Mezger is Vice President of Product Management at TNS with responsibility for its managed services for the financial industry. He oversees product development and strategy for market data, online and data center services.

Speak with Our Experts to Access All US Equity Options Exchanges
Discover TNS’ end-to-end connectivity and market data solutions for US equity options today.