The CBOE Futures Exchange (CFE) and OptionsCity, a Chicago-based independent trading software vendor, today announced that OptionsCity has completed the vendor certification process for the CBOE Futures Exchange and is now approved to provide its customers that are CFE Trading Privilege Holders with connectivity to CFE.
Users who connect to CFE via the OptionsCity Metro trading platform will possess both trading and market making capabilities at the exchange.More specifically, the platform will enable users to route orders and/or stream quotes electronically into CFE's marketplace.
"I am impressed with the functionality of the OptionsCity Metro trading platform.OptionsCity is a vendor that understands our markets and has developed a trading platform capable of meeting the specific needs of our traders.We are pleased to welcome them to the CFE community and look forward to working together," said Andrew Lowenthal, Managing Director, CBOE Futures Exchange.
"We are proud to be a certified vendor on the CBOE Futures Exchange.Andy and I are excited about building a strong relationship between OptionsCity and the CFE," said Hazem Dawani, CEO of OptionsCity.
OptionsCity Metro is a fully configurable electronic trading platform that creates a distinctive edge by enabling traders to have full control over their trading and risk management.This state-of-the-art trading solution utilizes the latest developments in technology to present a user-friendly, highly flexible, and powerful trading solution.It encourages dynamic quoting, scales well, and places performance at its core. Designed with traders in mind, OptionsCity Metro offers a configurable solution which caters to traders' changing needs and empowers users to trade simply and efficiently using the innovative tools it provides.
CFE becomes the fifth exchange to acknowledge OptionsCity as a certified ISV (Independent Software Vendor), joining the Chicago Board Options Exchange (CBOE), Chicago Board of Trade (CBOT), Chicago Mercantile Exchange (CME) and New York Mercantile Exchange (NYMEX).