Chicago, August 4, 2009 - OptionsCity™ today announced that the certification process for the Intercontinental Exchange (ICE) has been completed.  OptionsCity is now an approved vendor for electronic trading on the ICE.  Sugar options and futures will be the first product that OptionsCity will roll out to.

 

"ICE is a leader in innovation which makes us pleased to be on board with them.  Our relationship with ICE will allow us to increase our offering to our traders as well as provide opportunities for growth and potential new clients." said Hazem Dawani, President and CEO...More

Chicago, August 24, 2009 - OptionsCity today announced that Neal Brady has been elected to the OptionsCity Board of Directors.  Brady, a derivatives industry veteran, is Managing Partner of Third Stone Venture Partners, an investor in OptionsCity.  With the appointment of Neal Brady, OptionsCity has expanded the board of directors to 4 members.

 

"OptionsCity is extremely well-positioned to take advantage of the continued growth in electronic options and algorithmic trading in the U.S. and around the world," said Neal Brady...More

Quote of the Month
"Expect the best.  Prepare for the worst.  Capitalize on what comes." ~ Zig Ziglar

When Thomas Grisafi read a "tweet" the afternoon of July 22 complaining that the U.S. Department of Agriculture had "goofed again," the president and chief executive of Indiana Grain Co. wondered what prompted the message.

Curiosity aroused, Mr. Grisafi was soon reading about the USDA's announcement that it would resurvey planted corn acreage in several states, a move with potentially big implications for Chicago Board of Trade Corn Futures...More

Atlanta (AP) - IntercontinentalExchange said Tuesday average daily trading volume on its futures exchanges increased 34 percent in July.

Average volume increased to 1 million contracts traded per day in July, from 752, 868 traded per day in July 2008...More

Aut. 20 (Bloomberg) -- NYSE Euronext's Liffe derivatives market said it will waive exchange fees for some short-term interest rate options contracts to boost trading.