Chicago, October 29, 2014 – OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that the next generation software of its flagship trading platform, Metro NOW, will be available early next year. This web-deployed solution opens up the world of downloadable widgets to a range of users, allowing them to streamline their trading environment to fit their specific trading style.
Metro NOW incorporates rich functionality, automation, and custom widget offerings to meet the needs of professional traders, financial institutions, hedge funds, banks, and commodity trading houses. Users can quickly deploy Metro NOW’s front-end via the web and easily manage centralized server-based risk associated with custom widgets, algorithms, and Freeway automation engine trades.
“This is our latest innovation and a new approach to the existing ‘build or buy’ problem facing many firms today”, comments CEO Hazem Dawani. “Customers will have the flexibility to build AND buy custom widgets and algos from the City Store to optimize their trading environment. Metro NOW represents the perfect balance between off-the-shelf software, and in-house development of custom GUI and automated strategies.”
The Algo Store, soon to be re-launched as the City Store, is a Marketplace of Trading Innovation where traders have the ability to download custom widgets to their Metro environment. Automation algos controlled by custom widgets allow users greater leverage and control in responding to market conditions while constantly monitoring risk. These components can be downloaded to Metro’s existing trading infrastructure for immediate delivery and deployment.
Metro NOW’s release underscores OptionsCity’s commitment to providing its customers with extensible enhancements and automation solutions that reduce time-to-market, so clients can focus on their trading operation.
Visit OptionsCity at Booth #920 at FIA Expo Chicago November 4th – 6th to see how this next generation software meets the needs of a range of customers by allowing users to Build Their Own Experience. Be your own architect in OptionsCity’s Lego building challenge, test drive trading tools from the City Store, and get your questions answered by experts.
To schedule a personalized demonstration of Metro NOW contact [email protected] or call +1 312.605.4500 (US) or +44 (0) 203 053 6000 (UK).
About OptionsCity Software
OptionsCity Software powers the trading, risk management and analytics needs of professional futures and options traders, market-makers and financial institutions worldwide. OptionsCity’s diverse suite of powerful tools includes Metro, its flagship electronic trading and market-making platform, and Freeway, a multi-asset automated trading engine designed to build, test, and deploy algorithms with micro-second execution. OptionsCity is a certified Independent Software Vendor on leading global derivative exchanges and markets. For more information, please visit www.optionscity.com.
Contact: Sarah McNabb
Phone: 312.605.4530
Email: [email protected]
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. All trademarks are properties of their respective owners.
