âImproved access is a key component to the business development strategy of MontrÃ©al Exchange. The addition of OptionsCity as an ISV expands the alternatives available to traders on our exchange and brings high quality software to our traders and market makers,â said Alain Miquelon, president and CEO of MontrÃ©al Exchange.
Connecting to MontrÃ©al Exchange will allow direct market access for options and futures traders using OptionsCityâs Metro and Freeway software. OptionsCity Metro is a fully configurable electronic trading platform that creates a distinctive edge by enabling traders to have full control over trading, market making, safety and risk management. The newly released Freeway platform allows for quick development and deployment of custom algorithmic trading strategies. Both Metro and Freeway are built for speed with a low-latency, server-based architecture.
âMontrÃ©al Exchange has long been at the forefront of operating and developing high quality market and clearing services, while offering a wide range of equity, interest rate, and index derivatives with a strong demand,â said Hazem Dawani, CEO of OptionsCity Software. âWe are pleased to add connectivity to such a historically significant exchange.â