OptionsCity Software, a leading provider of electronic trading solutions, today announced that it has signed an agreement to integrate with YellowJacket, an advanced communication platform operated by IntercontinentalExchange (NYSE: ICE) designed to meet the needs of traders and brokers in the derivative markets. OptionsCity’s pricing and theoretical values will be displayed within ICE’s YellowJacket interface beginning in the third quarter of 2012.
“The need for continuous communication within the electronic trading community persists, and we are pleased to integrate our systems with a reliable and forward-thinking communication platform like YellowJacket,” remarked Hazem Dawani, CEO of OptionsCity Software.
YellowJacket works with multiple instant messaging networks and transforms quotes into actionable data that is consolidated in a single market view. This YellowJacket dashboard can then be linked to proprietary and third party analytics systems, allowing participants to make better decisions faster. ICE’s YellowJacket application supports the strict security, reliability, data control, and compliance requirements of major trading firms.
OptionsCity’s award-winning Metro platform creates a distinctive edge by enabling traders to have full control over trading, safety, and risk management. Freeway is a fast and powerful multi-asset trading platform designed for quick development and deployment of custom algorithmic trading strategies. Freeway integrates with newly-launched Algo Store, an online algorithm repository and collaborative environment that provides a market for traders and developers to create, purchase, and download trading algorithms.