Jeromee Johnson, the companyâs President says, âWe are now approaching the one year anniversary of our first beta trade, and weâre very proud of everything weâve accomplished. The original blind-bid concept has been proven and accepted. Now, with our future versions of the platform, itâs important that we respond to customer demand with new features.â Archangelâ¢ version 1.2 includes new order types for covered call and delta neutral trading as well as an alternative blinding functionality that discloses the underlying security of an option, but masks the side.
This release also brings Archangelâ¢ squarely into the RIA (Rich Internet Application) space and its functionality is reliant on a number of Web 2.0 standards, including AJAX and HTML5. âOur priority is providing secure, reliable, and easy to use interfaces.â Atul Ashar, Director of Technology, says. âBeyond that, this architecture gives us a key competitive benefit â flexibility â the ability to quickly build and integrate new functionality.â
The company expects that 2009 will be a challenging year for the financial markets. Founder and CEO of 3D Markets, David Mortimer says, âWith asset levels down, with new regulations on the horizon, with everybody nervous about their counterparties and where weâre heading next, 2009 is shaping up to be an interesting year. We are continuing to position our products to best serve our expanding base of clients.â