“The Only Thing That Is Constant Is Change.”
I wonder if Greek philosopher Heraclitus was talking about the financial industry when he said this. In this industry, constant change is the norm. Besides the prices themselves being volatile, there are a number of other changes that are occurring with an almost daily frequency. Political decisions dramatically impact the markets. Just look at how the British pound plunged to its lowest level since 1985 after the Brexit vote. New regulations force trading organizations to invest in staff and technology to ensure compliance. Exchanges disappear as a result of consolidation, like in the recent purchase of NYSE/Euronext by ICE, while entire new exchanges are being created, like the Nasdaq Futures exchange. New financial instruments and products are also added at a constant clip, like the addition of weekly Treasury options. Even long standing assumptions on how to price certain financial instruments change overnight, like the introduction of a new method of pricing Energy Strip Strategies. Other less visible changes include shifts in the technology and protocols used to access programmatically the exchange matching engine.
Nasdaq Commodities is dedicated to provide customers with multiple access possibilities to our markets via state-of-the-art software tools delivered by leading Independent Software Vendors (ISVs). We are pleased to announce that OptionsCity’s Software City Platform, including CityTrader and City Execution products, now offers direct access to Nasdaq Commodities Nordic and German power markets.Read More
Groundbreaking. It’s an adjective that everyone wants, yet very few can actually lay claim to. That is, unless you’re one of these 17 companies that are totally transforming their respective industries.
From shaking up age-old methods to innovating brand new technologies, these companies are the very definition of disrupters—making things bigger and better and constantly challenging the status quo. Best of all, you can be part of one of them: They’re all hiring right now.
OptionsCity is a financial technology company—providing cutting-edge software solutions to simplify electronic trading.Read More
From Advantage Futures' InsideAdvantage issue on Futures Trading Software:
Founders of OptionsCity began with two objectives: Create an enjoyable workplace and build great software. OptionsCity, since inception, pushes the limits of their software trading technology.
OptionsCity upgraded both the functionality and performance of Metro, their flagship market making platform. Additionally, they expanded their product portfolio this past year with new offerings for professional and retail traders.Read More