Chicago, March 21, 2013 – OptionsCity Software today initiated the global rollout of Metro 4.1, the newest version of its award-winning market making and electronic trading platform.
Upgrades and enhancements in Metro 4.1 include visualization and infrastructural expansions as well as a sophisticated statement reconciliation feature that reduces operational risk and supports detailed drill-down views of reconciliation matches and discrepancies. Improvements have also been made to boost risk reporting and flex trades support in Metro.
A hallmark of Metro 4.1 is the patent-pending SmartComplete™ feature that allows for a reduction in response time for pricing complex spreads. Enhancements have also been made to the market making engine, allowing for optimal quote prioritization. Metro 4.1 clients also have access to the CityXchange (CX) API to build and integrate their own connectivity adapters.
"Our clients continue to witness our commitment to financial technology innovation," remarked OptionsCity CTO, Victor Glava. "We take great care in incorporating client feedback into every release, while at the same time making internally-driven leaps in the evolution of our software."
OptionsCity Metro is a fully configurable electronic trading and market making platform that delivers a distinctive edge by enabling traders to have full control over trading, safety, and risk management. Recently named "Best Options Trading Platform" for a second consecutive year in the WSL Institutional Trading Awards, Metro fully integrates with Freeway, OptionsCity's multi-asset, automated trading solution.
NOTE: OptionsCity will be exhibiting at FIA NY Expo on April 10-11.
Contact [email protected] or call +1 312.605.4500 to arrange a meeting with an OptionsCity representative.
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. For more information, please visit www.optionscity.com .
Contact: Kim Pike
Phone: +1 (312) 605-4517
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.
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