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OptionsCity Introduces Metro 2.2. for Equity Options Traders

Adds connectivity to BOX and exposes additional API functionality for clients integrating proprietary algorithmic trading engines.

OptionsCity announced the launch of OptionsCity Metro 2.2, a new version of its electronic trading platform with major enhancements to cater to equity options traders as well as additional pricing modeling functionality.

OptionsCity also exposes additional API (application programming interface) functionality for clients integrating their proprietary algorithmic engines.

“With the release of Metro 2.2 we are further embracing the needs of traders and market makers by delivering more capabilities that will allow them to excel in extreme market conditions. Taking advantage of trading opportunities in these markets is our focus as the industry continues experiencing volatile markets,” stated Victor Glava, CTO and VP development at OptionsCity.

OptionsCity Metro 2.2’s new functionality includes: connectivity to the BOX exchange; streamlined workflow for equity options traders; new spread management functionality; new functionality exposed through the API for algorithmic traders, as well as additional pricing and modeling functionality.

According to the company, the platform enables options traders to have full control over trading, market making, safety and risk management. The open API allows trading firms to modify any aspect of the system and plug in their own algorithms.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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