âWe are pleased to welcome OptionsCity as a certified vendor that offers a technology solution for market makers who utilize BOXâs Bulk Quote functionality as well as for proprietary traders who use BOXâs unlimited messaging allocation policy,â said Tony McCormick, CEO of the Boston Options Exchange. âAccess to BOX will allow OptionsCity customers to experience enhanced multi-asset class trading and high-speed performance.â
âWe are thrilled to be able to provide our users with connectivity to BOX,â stated Hazem Dawani, President and CEO of OptionsCity. âThe Boston Options Exchange has been a pioneer and a continuing advocate for price improvement for customers, and our price improving algorithm is fully optimized for BOXâs Price Improvement Process (PIP).â
Connecting to BOX will allow more direct market access choices for Equity Options Traders using OptionsCity Metro software. 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-ofâthe-art solution enables traders to leverage their trading knowledge and expertise into increased profits. OptionsCity helps to automate market making and trading strategies while the innovative graphical representation allows traders to expand their trading portfolio.