OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that London-based Spinaris Capital will expand its FX and energy options trading utilizing OptionsCity's Metro and Freeway platforms.
Situated within OptionsCity's hosting infrastructure, Spinaris Capital will trade on CME and Eurex using a combination of Metro, the company's flagship trading and risk management platform, and Freeway, its multi-asset automated trading solution.
"As markets continue to consolidate and expand, we require a low-latency trading system that provides direct market access to expand into new markets quickly," remarked Spinaris Capital Chief Investment Officer, Adam Webb "Spinaris Capital has found a competitive solution in OptionsCity which enables us to maximize our fast alpha models."
Spinaris integrated its internal trading models into Metro via the Freeway API and utilizes the system to make markets, as well as identify and execute on opportunities in the market.
"Being able to offer a complete solution that incorporates both software and hosting empowers customers like Spinaris Capital to seamlessly expand the firm's trading portfolio," commented Darran Hodder, OptionsCity Head of London/EU. "We are committed to serving as a partner in their global trading operation."
OptionsCity's hosting initiative was based on the clients' need for a bundled solution for its software coupled with hosting to trade on exchanges, such as the CME, NYMEX, ICE, LIFFE, and EUREX. Trading institutions can use this infrastructure to gain reliable low-latency market access while lowering or removing overhead infrastructure costs.