FOR IMMEDIATE RELEASE
Chicago – OptionsCity Software, a provider of end-to-end electronic trading platforms, has now integrated with Lightspeed Trading, LLC (LST), a New York-based introducing broker.
The incorporation of OptionsCity and LST will provide a solution for equity and options traders to access the marketplace more efficiently. OptionsCity’s award-winning options trading platform, Metro, will now integrate with LST's proprietary technology environment enabling traders to create and execute complex trading strategies across many markets.
“We are pleased to combine offerings with a software vendor so highly regarded as OptionsCity,” remarked Collin Carrico, Managing Director of Lightspeed Financial, Inc, the parent company to LST. “This integration is a necessary next step in our strategic growth plan aimed at delivering the most complete brokerage services across asset classes to professional traders.
"With the derivatives market confronting more execution destinations, regulatory requirements and industry changes, technology is becoming a key differentiator for traders. The combined services of OptionsCity and LST will allow traders to focus on trading and managing risk rather than technology access,” said Chris Herndon, NY Sales Director of OptionsCity.
OptionsCity Metro is a fully configurable electronic trading and market making platform that creates a distinctive edge by enabling options traders to have full control over trading, safety, and risk management. Metro was recently named “Best options trading platform” in the Wall Street Letter’s 2012 Institutional Trading Awards. Newly launched Freeway is a fast and powerful multi-asset trading platform designed for quick development and deployment of custom algorithmic trading strategies.
About OptionsCity Software Inc.
As developers of the popular 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 low-latency server-based algorithmic trading platform designed for deploying user-built multi-asset strategies. No matter the choice, 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 15 leading derivative exchanges. For more information, please visit www.optionscity.com.
Contact: Kim Pike
Phone: (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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