OptionsCity Supports New ICE Mass Quoting

18 June 2010

OptionsCity Software, a leading developer of electronic trading solutions for options traders and market makers, announced today that the ICE new mass quoting functionality will be supported by OptionsCity Metro beginning June 21, 2010. This functionality will allow traders to submit many quotes simultaneously for faster and more effective market making.

“The new mass quoting functionality will provide our clients on the ICE with an advantage over their competitors and thus increase their speed and efficiency. Its speed allows them to react to market conditions faster and anticipate trading opportunities with more efficiency,” said Victor Glava, CTO and VP Development.

OptionsCity Metro is a fully configurable electronic trading platform that creates a distinctive edge by enabling Options traders to have full control over trading, market making, safety and risk management. This powerful solution automates market making and trading strategies while the innovative graphical representation allows traders to efficiently expand their trading portfolio. The open API allows trading firms to modify any aspect of the system and plug in their own algorithms.

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