207948474

OptionsCity Supports Transition of NYSE Liffe US Products to ICE

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24 June 2014

OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that the firm is offering customers immediate access to Liffe US products following their transition to Intercontinental Exchange’s futures exchanges and clearing houses.

Intercontinental Exchange, the leading network of regulated exchanges and clearing houses for financial and commodity markets, acquired Liffe US, the US futures exchange of NYSE Euronext, in November 2013. ICE is migrating the trading and clearing of Liffe products from the existing platforms to ICE’s exchanges and clearing houses in New York and London. While OptionsCity was previously certified on Liffe, it completed the recertification for the unified API migration through ICE on June 6th.

“By certifying in lockstep with the transition of Liffe products to ICE we ensure that our clients have seamless access to these products through our trading solution suite,” said Timo Pentner, COO at OptionsCity. “Our clients, and specifically our market makers, are now poised to further take advantage of robust functionality such as mass quoting, a hallmark of our flagship platform, Metro.”

Products immediately available to OptionsCity customers through ICE include precious metals, equity index futures, and interest rate futures.

This news arrives on the heels of OptionsCity’s announcement that London-based Spinaris Capital will expand its FX and energy options trading utilizing its Metro and Freeway platforms. It also follows the company’s recent expansion of Algo Store access to Metro customers through Metro Link.

The company is planning a major product release set to be revealed in the 4th quarter of 2014.

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