23 March 2017
visit nextgenbanking.co.uk

OptionsCity Metro users get direct access to Algo store

23 April 2014  |  983 views  |  0 Source: OptionsCity Software

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that users of its flagship Metro trading platform will now have direct access to the OptionsCity Algo Store.

The Algo Store was created to provide customers with a marketplace to buy and sell algorithms for trading futures and options. OptionsCity offers this enhancement through Metro Link, a tool that allows traders to run algorithms purchased in the Algo Store within Metro.

"We are committed to empowering our customers with automation tools to accelerate their trading and market making operations." remarked Hazem Dawani, CEO at OptionsCity. "Metro Link offers advanced functionality through a set of algorithms and components in the Algo Store, enabling clients to simply select, download, and use algos relevant to their electronic trading needs."

Metro Link provides Metro 5.0 users drop-in access to Algo Store algorithms with no additional setup time and cost, long-term commitments, or the need for developers. Some of the offerings in the Algo Store include delta and gamma hedging, opportunity detection and execution as well as quoting algorithms.

Through the Algo Store, third-party developers are able to write and sell their algorithms, or components of algorithms, to traders around the world. The community aspect is enriched by the inclusion of developer profiles, ratings, and the prospect to become an OptionsCity Certified Developer™, a title granted to top-rated quantitative analysts and developers.

Previously available only to users of OptionsCity's automated trading solution Freeway, now both Metro and Freeway users can access Algo Store algorithms and can search by price, category, and popularity and seamlessly download for use in their existing trading infrastructure.

The announcement of Metro Link arrives on the heels of OptionsCity's major software release of Metro 5.0. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euVisit capgemini.comParticipate in the survey

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
16140 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
10060 views 0 | 11 tweets | 8 linkedin
Samsung Galaxy S8 to use facial recognition for payments - BloombergSamsung Galaxy S8 to use facial recognitio...
8415 views comments | 35 tweets | 28 linkedin
satellite26 Japanese banks register for Exchange-ru...
7463 views comments | 2 tweets | 1 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7398 views comments | 21 tweets | 36 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job