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OptionsCity Renews Its Commitment To Innovation

OptionsCity Software, Inc., a provider of an end-to-end electronic trading platform, renews its commitment to innovation by focusing on expanding its development team, hiring a Director of Quantitative Analysis, continuously evolving its flagship product Metro, and providing options traders with an innovative and high performance electronic trading platform.

During the first two months of 2011, OptionsCity expanded its development team by 20%. The team has been focusing on new product development and staying ahead of the curve, as well as continuously improving Metro by increasing its functionality and performance.

“OptionsCity is in a unique position to provide the best electronic trading platform in this fastchanging environment. I am looking forward to working with this innovative team and enhancing the pricing and risk capabilities to improve the electronic trading experience,” states David Hrencecin, who was recently brought on board as the Director of Quantitative Analysis.

David brings a wealth of experience to OptionsCity with his extensive background in trading and risk management. David was the Head of Research at DRW, the largest market maker in Eurodollar options, and more recently worked at QRM where he developed models for an enterprise risk management system.

“We strive to deliver speed, quality, and performance to options traders in each of our products. In our industry we must fight for milliseconds of speed, which we are fully committed to by continuing to build a talented and innovative team,” says Hazem Dawani, President and CEO.