actant live on Amex Cements position as leading options software provider in the US

actant, the leading vendor of options market making software in the US, today announced that it has its first live users on the American Stock Exchange’s ANTE electronic options trading system. In so doing it is now the leading provider of options market making software for floor-based and electronic markets in the USA..

"With our first group of Amex users already streaming quotes and orders on ANTE, and a substantial pipeline of specialist firms in training going live in the next few days, we have already established a key presence on AMEX’s options market" said Paren Knadjian, President of actant North America. "Going live with AMEX was the last piece of our strategy of providing the best auto-quoting software for both floor-based and electronic market makers in the US. With around 250 users actant is now the leading options market-making software provider in the US with customers on CBOE, BOX, ISE, PCX, CBOT and PHLX"

"We believe that the benefits of our product functionality, including our unique scripting feature, and our ability to adapt to the requirements of floor-based and upstairs market-makers in the US has lead us to the clear position of the leading vendor in this industry" said Urs Rutschmann, ceo of actant. "This is as a result of a major investment by us in the US, both in product development, and in providing comprehensive support to our users out of our offices in Chicago, New York, Philadelphia and San Francisco."

actant is a leading provider of automated quote management solutions for market makers and liquidity providers on electronic exchanges. In Europe, actant offers market connectivity to Eurex/Xetra and the Euronext markets including Liffe, Amsterdam and Paris. In the US, actant now offers connectivity to the AMEX, CBOE, eCBOT, ISE, PCX, and PHLX.

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