Press Releases

OptionsCity Software integrates with Lightspeed Trading for a robust trading solution
February 22, 2012

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...

OptionsCity Software wins “Best options trading platform” award
February 8, 2012

Metro recognized by Wall Street Letter Institutional Trading Awards

Chicago – OptionsCity Software, Inc. today announced that its flagship trading and market making platform, Metro, has been named “Best options trading platform” by Wall Street Letter in the 2012 Institutional Trading Awards. The awards are determined by an independent panel of industry experts and are judged on the level of innovation and client satisfaction displayed by applicants.

“We are thrilled to be recognized for our innovation and contribution...

OptionsCity Software appoints Margaret Wiermanski as Chief Operating Officer

January 18, 2012

FOR IMMEDIATE RELEASE

Chicago – OptionsCity Software, Inc, a provider of end-to-end electronic trading software, has named Margaret Wiermanski as the company’s Chief Operating Officer. 

“Margaret is a key addition to our management team,” said Hazem Dawani, CEO of OptionsCity Software, Inc. “Her extensive experience in financial management, operations, and compliance functions will be an asset to the OptionsCity team as we continue our growth and focus on global expansion.”

“I am excited to be part of the OptionsCity team,” remarked Margaret Wiermanski.  “What they have accomplished in a short time is impressive and they have built a solid foundation for its future...

OptionsCity Software provides high performance trading access to Montréal Exchange (MX)
November 21, 2011

FOR IMMEDIATE RELEASE

Chicago – OptionsCity® Software, Inc., a leading provider of end-to-end electronic trading software, announced today that it now provides connectivity and high performance trading access to Montréal Exchange (MX), a fully electronic derivatives exchange. OptionsCity is now certified as an Independent Software Vendor (ISV) on the MX-SAIL gateway.

“Improved access is a key component to the business development strategy of Montréal Exchange. The addition of OptionsCity as an ISV expands the alternatives available to traders on our exchange and brings high quality software to our traders and market makers,” said Alain Miquelon, president and CEO of Montréal Exchange....

OptionsCity Software Accelerates Electronic Trading with Freeway, a New Algorithmic Trading Platform

September 19, 2011

FOR IMMEDIATE RELEASE

Freeway Speeds Up Development & Deployment of Custom Automated Trading Strategies

Chicago – OptionsCity Software, Inc., a provider of end-to-end electronic trading software, today announced Freeway, a server-based, multi-asset platform for algorithmic trading strategies.

With Freeway, traders now can customize algorithms (called Jobs) in either Java or Scala code. These “Jobs” will execute trades, dynamically reconfigure themselves based on changing market conditions, and perform market analysis, including historical comparisons and risk monitoring.

“For the first time, traders have the speed of automated execution, combined with the power of...

OptionsCity Software unveils Metro 3.0
August 22, 2011

FOR IMMEDIATE RELEASE

Chicago – OptionsCity Software, Inc., a leading provider of end-to-end electronic trading software, announced a September 1st release date of the highly anticipated Metro 3.0.

OptionsCity Metro 3.0 will offer new functionality including modeling and pricing enhancements, an Asian Pricing Model to meet the needs of its energy traders, quoting information management and major performance improvements. Metro 3.0 includes an improved multi-product management tool, enforcing Metro’s multi-asset support.

“We are constantly listening to our customer feedback while focusing on innovation. Tireless effort has gone into the development process of Metro 3.0.” said Victor Glava, Chief...

OptionsCity Software Expands Reach, Connects to ISE
July 22, 2011

FOR IMMEDIATE RELEASE

Chicago – OptionsCity Software, Inc., a leading provider of end-to-end electronic trading software, announced today that it has become a certified vendor on the International Securities Exchange (ISE) for electronic trading. OptionsCity will roll out connectivity to ISE to its customers, beginning with a proprietary trading group and a market maker on RUT that has expressed strong interest in trading the active, multi-legged strategy book available at ISE.

“We are very pleased to welcome OptionsCity as a certified vendor providing access to our new, best-in-class trading system running on the Optimise™ trading architecture,” said Boris Ilyevsky, Managing Director of ISE’s options...

OptionsCity Certified on NYMEX and COMEX for Electronic Floor Trade Entry

May 16, 2011

FOR IMMEDIATE RELEASE

Chicago - OptionsCity Software, Inc., a provider of an end-to-end electronic trading platform, announced today that it has become certified on NYMEX and COMEX for electronic floor trade entry. 

This added feature allows floor traders the ability to submit trades from the floor to be directly submitted into Front End Clearing (FEC).  This gives floor traders the capability to manage their position easier, find breaks faster, and streamlines the clearing process.  This feature will also be available on the CME and CBOT floor in the next few weeks.

“We are pleased to announce this added functionality for our customer base simplifying the clearing...

OptionsCity Signs Service Partner Agreement With YJT Solutions

April 12, 2011

FOR IMMEDIATE RELEASE

Chicago – OptionsCity Software, Inc., a provider of an end-to-end electronic trading platform, announced today that it has signed a service partner agreement with YJT Solutions, a top-tier technology consulting firm, to extend its support team and provide additional support services to OptionsCity’s rapidly growing customer base.

“OptionsCity is expanding and we are excited to partner with them and work with their advanced electronic trading platform, Metro,” states Linda Bracken, CEO, YJT Solutions. “YJT has years of experience in providing quality support services to the financial industry. This partnership will help position OptionsCity for future growth.”...

OptionsCity Rolls Out Metro To Parity Energy
March 24, 2011

FOR IMMEDIATE RELEASE

Chicago – OptionsCity Software, Inc., a provider of an end-to-end electronic trading platform, announces today that it is a certified vendor on Parity Energy’s electronic trading platform. This will give traders who use OptionsCity Metro further access to the Over-the-Counter (OTC) option markets in the energy space.

“We are thrilled to bring OptionsCity on as a certified vendor enabling their customers to trade OTC crude oil and natural gas options on a high-performance system such as Metro,” says Charles Reyl, CEO of Parity Energy. “The Parity Energy Platform (PEP) provides liquidity providers, hedgers and financial participants with electronic access to the OTC markets clearing...