OptionsCity Partners With ACTIV Financial

Chicago -12 November 2009

OptionsCity Software, a leading developer of electronic trading solutions for options traders and market makers, and ACTIV Financial, a leading global provider of fully managed low-latency market data solutions, announced today that they have entered into a strategic partnership. ACTIV will now provide OptionsCity equity options traders with additional feeds, both direct and fully managed nsolidated market data feeds.

“ACTIV has consistently partnered with innovative independent software vendors to provide customers the most comprehensive solution possible,” said Frank Piasecki, Co-founder and President of ACTIV Financial. “Being chosen by OptionsCity to provide the mpany’s trading platform with additional market data feeds demonstrates our dominance in options market data and beyond.”

“The level of ACTIV’s expertise in providing low latency market data will allow OptionsCity to continue delivering the industry’s most innovative trading platform. We have taken aggressive strides to provide a high performance solution for electronic traders and ACTIV will assist us to continue delivering extreme performance with their hardware accelerated solution,” said Hazem Dawani, President and CEO of OptionsCity.

ACTIV will deliver both direct and fully managed consolidated market data feeds to OptionsCity clients. Using ACTIV’s market data infrastructure behind-the-scenes, OptionsCity clients will benefit from ultra-fast data access and the ability to open the door to view and analyze new markets and underlying data.

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 powerful solution enables traders to leverage their trading
knowledge and expertise into increased profits. With high levels of performance, OptionsCity helps to automate the market making and trading strategies while the innovative graphical representation and framework allows traders to expand their trading portfolio.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development