OptionsCity Revs Up Automation and Risk Management with Metro 5.2
Chicago, July 30, 2014 – OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that an upgrade to its flagship trading platform, Metro, will be available mid-August. Metro 5.2 has extended performance with added functionality that allows traders and brokers to manage execution, risk, and efficiently navigate electronic markets.
“Our goal has always been to change the way traders think about and use technology,” remarked Victor Glava, CTO at OptionsCity. “We are overhauling the way traders manipulate instrument sets while extending automated logic to allow our customers to respond more effectively and efficiently to market conditions.”
Metro 5.2 includes new views that enable users to engage the robust risk management tools of the Risk Command Center within Metro. Users can view volatility and underlying moves in the same report across several user-defined intervals by leveraging the new volatility offset bucket in the Risk Command Center.
Another hallmark of this release is an array of new comprehensive instrument filters which allow traders to build custom filters as well as dynamic instrument sets. In addition, users can now auto-respond to request for quotes by leveraging powerful instrument filtering capabilities. Market data statistics in Metro 5.2 were also strengthened with additional statistics for Eurex, CME, ICE, and CBOE.
The release of version 5.2 underscores OptionsCity’s commitment to providing its customers with continuous enhancements, customizable views, and additional data to develop strategies and organize risk.
This news arrives on the heels of the company’s recent expansion of Algo Store access, and availability of custom algorithms to Metro customers through Metro Link. The company is planning a major product release set to be revealed in the 4th quarter of 2014.
To schedule a personalized demonstration of Metro or Freeway please contact OptionsCity at email@example.com or call +1 312.605.4500 (US) or +44 (0) 203 053 6000 (UK).
About OptionsCity Software
OptionsCity Software powers the trading, risk management and analytics needs of professional futures and options traders, market-makers and financial institutions worldwide. OptionsCity’s diverse suite of powerful tools includes Metro, its flagship electronic trading and market-making platform, and Freeway, a multi-asset automated trading engine designed to build, test, and deploy algorithms with micro-second execution. OptionsCity is a certified Independent Software Vendor on leading global derivative exchanges and markets. For more information, please visit www.optionscity.com.
Contact: Sarah McNabb
Disclaimer: This press release contains forward-looking statements with the exception of historical information. The matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks are properties of their respective owners.
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