OptionsCity opens first international office in London

Source: OptionsCity

OptionsCity Software, a leading provider of electronic trading solutions, today announced the opening of a London office, the company's third location and its first in Europe. The new office, located in the City of London, will service OptionsCity's existing clients and growing customer base in the European region.

The London office will be managed by Darran Hodder, Director of Sales EU / UK and Head of London office, who joins the company with over a decade of sales and management experience in the trading software industry, most recently as Sales Director at both Sungard and T-Bricks. Mr. Hodder joins other recent key hires who will oversee OptionsCity's growth and development in Europe. These recent developments signal OptionsCity's intent to forge deeper inroads into the European trading community.

"OptionsCity has rapidly become a leader in the North American professional trading market, specifically in Interest Rates, Bonds, Indices, Energy and Commodities, " remarked Darran Hodder, "The company's existing technology provides a strong foundation for us to build a successful business in the EU/UK market, and I am excited to help lead the company's expansion."

"We are pleased to launch our first international office and to welcome Darran to our team," said OptionsCity CEO Hazem Dawani. "We have a longstanding interest in the region and the addition of a London office is a logical step in the development of the company as a global technology provider."

The company's two core software offerings are OptionsCity Metro and OptionsCity Freeway. Metro is a fully configurable electronic trading and market making platform that gives traders full control over trading, safety, and risk management. Recently named "Best Options Trading Platform" for a second consecutive year in the Wall Street Letter Institutional Trading Awards, Metro fully integrates with Freeway, OptionsCity's multi-asset automated trading solution. Freeway offers traders and developers a complete algorithmic developmental environment coupled with powerful execution capabilities.

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