OptionsCity presents new set of solutions for global exchanges

OptionsCity Software, an international provider of futures and options trading and analytics solutions, on Tuesday unveiled OptionsCity Exchange Solutions, a suite of products and services that aim to help global exchanges expand their technology and drive visibility and liquidity.

“In the past year, OptionsCity innovated how trading technology is delivered to professional traders and market participants by introducing Metro NOW, CityTrader and the City API, three products that offer flexible and modular technology solutions,” said OptionsCity CEO Hazem Dawani. “Exchange Solutions builds on these innovations to help exchanges capitalize on our extensive domain expertise where it matters most.”

The launch of OptionsCity Exchange Solutions follows an announcement in August this year that OptionsCity’s Metro NOW platform has been selected by Nasdaq to power settlement prices for Nasdaq Futures, Inc. (NFX).

On top of Metro NOW, Exchange Solutions leverage CityTrader, a white-labeled, web-based trading platform, and City API, a set of REST-based APIs that can be used for margin services and risk management.

“OptionsCity has a great track record of partnering with global exchanges in developing custom solutions and I’m excited about opportunities to leverage our technology and expertise going forward,” said Dan Rooney, Vice President of Sales at OptionsCity.

To view the official announcement on the new solutions, click here.

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