OptionsCity to Release Metro 2.3

Chicago - 20 January 2011

OptionsCity Software, Inc., a provider of an end-to-end electronic trading platform has completed the development of Metro 2.3 and will soon start rolling it out. This release will include significant enhancements and added features.

“Our clients have demands that are constantly changing so it is up to us to keep up with these demands and get ahead in the industry. We focused on the needs of our New York customers with support for NYMEX floor trades, new ICE RFQ and UDS functionality, and OTC products on Clearport,” said Steve Kosanovich, VP of Sales.

There have been multiple enhancements to the Graphical User Interface (GUI) in Metro 2.3. The faster GUI allows for better interaction for the traders. Additionally, traders will have more market making functionality in Metro 2.3 with the new quoting engine enhancements and new algorithms.

Floor trade integration for NYMEX has been added, as well as support for the ICE multicast data channels, new RFQ functionality, and User Defined Strategies (UDS). The support to Over the Counter (OTC) products and connectivity to CME Clearport will give Energy traders additional functionality that will better serve their needs.

OptionsCity® Metro 2.3 will also include: a global interface for clearing firms to manage risk for multiple customers, automation of monitoring and support tasks, real-time risk reports, and multiple levels of user permissions to allow for different types of licenses.

OptionsCity® Metro is a fully configurable electronic trading and market making platform that creates a distinctive edge by enabling options traders to have full control over trading, safety, and risk management. OptionsCity® Metro was built on power, speed, reliability, and a way for options traders to simplify a complicated process. Metro’s intuitive interface provides options traders with a powerful solution that has a dynamic quoting engine, mitigates risk substantially, and lowers high-scale costs. OptionsCity® Metro’s combined features and benefits give options traders an efficient, effective, and complete end-to-end solution to trade at a fast pace in any
market condition.

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