OptionsCity Software Continues European Expansion with First International Office

OptionsCity Software Continues European Expansion with First International Office

Chicago, September 9th, 2013 – OptionsCity Software, a leading provider of electronic trading solutions, today announced the opening of a London office, the company’s third location and its first in Europe. The new office, located in the City of London, will service OptionsCity’s existing clients and growing customer base in the European region.

The London office will be managed by Darran Hodder, Director of Sales EU / UK and Head of London office, who joins the company with over a decade of sales and management experience in the trading software industry, most recently as Sales Director at both Sungard and T-Bricks. Mr. Hodder joins other recent key hires who will oversee OptionsCity’s growth and development in Europe. These recent developments signal OptionsCity’s intent to forge deeper inroads into the European trading community.

“OptionsCity has rapidly become a leader in the North American professional trading market, specifically in Interest Rates, Bonds, Indices, Energy and Commodities, ” remarked Darran Hodder, “The company’s existing technology provides a strong foundation for us to build a successful business in the EU/UK market, and I am excited to help lead the company’s expansion.”

“We are pleased to launch our first international office and to welcome Darran to our team,” said OptionsCity CEO Hazem Dawani. “We have a longstanding interest in the region and the addition of a London office is a logical step in the development of the company as a global technology provider.”

The company’s two core software offerings are OptionsCity Metro and OptionsCity Freeway. Metro is a fully configurable electronic trading and market making platform that gives traders full control over trading, safety, and risk management. Recently named “Best Options Trading Platform” for a second consecutive year in the Wall Street Letter Institutional Trading Awards, Metro fully integrates with Freeway, OptionsCity’s multi-asset automated trading solution. Freeway offers traders and developers a complete algorithmic developmental environment coupled with powerful execution capabilities.

To schedule a demo in London, please contact sales@optionscity.com or call +44 (0) 203 053 6000.

About OptionsCity Software Inc.
As developers of the award-winning Metro electronic trading and market-making platform, OptionsCity Software has helped traders make markets and trade on the world’s leading derivative markets since 2006. OptionsCity continues to innovate with the development of Freeway, a multi-asset automated trading platform designed to build, test, and deploy algorithms with micro-second execution. OptionsCity products are built with the power, speed and reliability that traders require to have full control over trading, safety, and risk management. OptionsCity is a certified Independent Software Vendor on leading global derivative exchanges and markets. For more information, please visit www.optionscity.com

Contact: Kim Pike
Phone: +1 (312) 376-8395
Email: kpike@optionscity.com

Disclaimer: This press release contains forward-looking statements with the exception of historical information. The matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

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