OptionsCity Rolls Out to NYSE Amex Options
Chicago - 12 January 2010
OptionsCity™ is pleased to announce that it rolled out to its second New York based exchange, NYSE Amex options. NYSE Euronext is the world’s leading and most diverse exchange group operating two options exchanges that provide customers with the choice of price-time priority on NYSE Arca options or the traditional market-maker model and expanded array of services on NYSE Amex options,
“Our market makers have important needs when it comes to electronic trading and OptionsCity Metro with its server based architecture is capable of meeting those needs. I am pleased to see OptionsCity on our trading floor,” said Erich Umar, Vice President Options Markets of NYSE.
“NYSE Amex options has been a great exchange to be working with, and we are excited about becoming part of their supported vendors. We look forward to the growth opportunities we will gain from this relationship and expanding our market share in New York,” said Hazem Dawani, President and CEO.
Connecting to NYSE Amex options will allow more choices for users of OptionsCity Metro software. OptionsCity Metro is a fully configurable electronic trading platform that creates a distinctive edge by enabling options traders to have full control over trading, safety and risk management. This state-of–the-art solution enables traders to leverage their trading knowledge and expertise into increased profits. OptionsCity helps to automate the market making and trading strategies while the innovative graphical representation and framework allows traders to expand their trading portfolio with minimum additional people.