CHICAGO – February 1, 2016 – OptionsCity Software, a global provider of futures and options trading and analytics solutions, today announced that Optimus Futures now supports CityTrader, OptionsCity’s cloud-based trading platform. CityTrader provides active traders robust tools and functionality to trade both futures and options on futures.
“In December 2015, the CME Group reported 7.2 percent year-over-year growth in options on futures, well above the 1.5 percent growth in standard futures contracts,” said Iqbal Brainch, vice president of marketing and product strategy at OptionsCity. “While that growth is led by professionals, brokers are starting to see interest in trading options on futures grow from active, retail traders, just as the use of equity options accelerated in the early 2000s.”
CityTrader was designed to provide options on futures functionality as a core aspect of the platform, capitalizing on OptionsCity’s experience with professional traders and market makers. With CityTrader, Optimus Futures clients will find it easy to custom build futures and options spreads or request quotes directly from global exchanges.
At the same time, Brainch noted, CityTrader also provides brokers with a single access point to view and control their client’s risk – something many platforms lack.
“Clients choose Optimus Futures not just for our transparent pricing and high-touch personal support, but for easy access to advanced technology offerings,” said Matt Zimberg, president of Optimus Futures. “That means we rigorously test and become ingratiated in new technology platforms before supporting them. We were not only impressed with what new functionality CityTrader could offer our clients, but the ease at which it can be integrated with our clearing partners.”
For more information about CityTrader, please visit http://www.optionscity.com/city-trader/.
For more information about Optimus Futures and to open an account, please visit: https://optimusfutures.com/.
About OptionsCity Software
OptionsCity Software powers the trading, risk management and analytics needs of futures and options traders, market makers, financial institutions and other market participants worldwide. OptionsCity is a certified Independent Software Vendor and a leading source of electronic options trading volume on global derivatives exchanges. For more information, please visit www.optionscity.com.
About Optimus Futures
Optimus Futures is a leading online futures broker that caters to traders seeking low latency execution and stable data feeds combined with aggressive margins and deep discount commissions. We are an Independent Introducing Broker with relationships with multiple Futures Clearing Merchants (FCM’s) giving us greater flexibility to match you with your trading needs. For more information, please visit www.optimusfutures.com.
There is a substantial risk of loss in futures and options trading. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past performance is not indicative of future results. The purchaser of options may offset or exercise the options or allow the options to expire. Selling (‘writing’ or ‘granting’) an option generally entails considerably greater risk than purchasing options. Please Read Full Disclaimer Here: https://optimusfutures.com/RiskDisclosure.php