Euler Investments Selects OptionsCity for Market-Making Software and API Services

OptionsCity Experiences Significant Growth in Europe as Futures and Options Trading Firms Seek Proven Software Solutions.

CHICAGO December 8, 2016 OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that Euler Investments, a London-based hedge fund, has selected OptionsCity Metro to facilitate their market-making activities as well as CityTrader and City API for futures and options trading. Traders at Euler Investments will leverage Metro in the energy and commodity markets.

Read More

The Only Thing That Is Constant Is Change

“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.


Read More

Inside Metro: A Q&A with OptionsCity’s CTO, Victor Glava

 Q: Let’s start with a question I am sure you get asked a lot. Why did you and the other founders start OptionsCity?

A: Yes, that's a question I often get asked. At the onset, we had a simple mission: to create the highest performance futures options trading software available on the market. That mission led us to develop the first version of Metro just 16 months after starting the company. And that mission is the same one that drove us to create the latest version of the Metro platform.

Every day we are solving challenging technical problems and pushing the limits of what can and should be done with trading technology. And that is incredibly rewarding.

At the same time, we also wanted to create a great culture where we, as founders, enjoy coming to. We knew that we will be spending a lot of time at work and wanted to make the time in the office as rewarding as possible for everyone involved.

Read More

Java vs. C++ Performance Face-Off, Part II

At OptionsCity we take engineering very seriously. All aspects of our software undergo rigorous analysis for performance, security, stability, and flexibility. We are staffed by highly experienced software developers with decades of industry experience. We realize that extensive functionality does not come without costs, but we feel these costs are justified, and just as no sane person would buy a car without airbags to reduce weight in order to go faster, we won’t sacrifice stability or offer stripped down functionality in pursuit of performance. That being said, we believe our platform offers “real world” performance on par with any competitor and we welcome any valid test comparison. 

Read More

Marex Spectron Successfully Deploys OptionsCity Metro for Market-Making Commodity Desk

CHICAGO – June 20, 2016 – OptionsCity Software, a global provider of futures and options trading and analytics solutions, announced today that global commodities brokerage Marex Spectron has successfully deployed its flagship Metro platform in its market-making architecture. Metro is a low-latency flexible and scalable futures and options trading platform, deployed seamlessly via the web.  

Read More