FOR IMMEDIATE RELEASE
Chicago, June 26, 2012 – OptionsCity Software, a leading provider of electronic trading solutions, today announced that it has signed an agreement to integrate with YellowJacket, an advanced communication platform operated by IntercontinentalExchange (NYSE: ICE) designed to meet the needs of traders and brokers in the derivative markets. OptionsCity’s pricing and theoretical values will be displayed within ICE’s YellowJacket interface beginning in the third quarter of 2012.
“The need for continuous communication within the electronic trading community persists, and we are pleased to integrate our systems with a reliable and forward-thinking communication platform like YellowJacket,” remarked Hazem Dawani, CEO of OptionsCity Software.
YellowJacket works with multiple instant messaging networks and transforms quotes into actionable data that is consolidated in a single market view. This YellowJacket dashboard can then be linked to proprietary and third party analytics systems, allowing participants to make better decisions faster. ICE’s YellowJacket application supports the strict security, reliability, data control, and compliance requirements of major trading firms.
OptionsCity’s award-winning Metro platform creates a distinctive edge by enabling traders to have full control over trading, safety, and risk management. Freeway is a fast and powerful multi-asset trading platform designed for quick development and deployment of custom algorithmic trading strategies. Freeway integrates with newly-launched Algo Store, an online algorithm repository and collaborative environment that provides a market for traders and developers to create, purchase, and download trading algorithms.
Note: OptionsCity is exhibiting at the FIA International Derivatives Expo (IDX) in London on June 26-27. For more information or to schedule a demo, please contact email@example.com.
About OptionsCity Software Inc.
As developers of the award-winning Metro electronic trading and market-making platform, Chicago-based OptionsCity Software has helped options 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 trading platform designed to build, test, and deploy algorithms with micro-second execution. OptionsCity products are built on power, speed and reliability that options 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.
About IntercontinentalExchange (NYSE: ICE)
IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe hosts trade in half of the world's crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com
Contact: Kim Pike
Phone: (312) 376-8395
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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