OptionsCity Software Announces Launch of Freeway Analytics, a Trade Simulation and Modeling Platform for Multi-Asset Derivatives Traders
Chicago, October 22, 2013 – OptionsCity Software, a leading provider of electronic trading solutions, today introduced Freeway Analytics, a simulation platform that allows traders and developers to quickly build and back-test strategies, discover opportunities and simulate real world trading based on sub-millisecond futures market data. The new non-execution offering will be hosted by OptionsCity and was built using OptionsCity’s Freeway automated trading technology.
“Automated trading is more popular than ever, but it remains incredibly time-consuming and expensive to build, test and deploy new trading models,” said OptionsCity CTO Victor Glava. “With Freeway Analytics, traders can focus on developing a series of strategies that works in real-world market conditions, not on how to integrate terabytes of data.”
Freeway Analytics is a hosted system that provides traders with a powerful visualization engine, an exchange simulator, and is built on a flexible and open architecture. Upon launch, historical futures market data is being provided by Vertex Analytics, but any desired market data source can be easily integrated.
The visualization engine allows traders to see how strategies will perform in different market conditions for a better understanding of how a specific trade will behave over time. The exchange simulator ensures that models take into account real-world latency and dynamic market conditions. Furthermore, Freeway Analytics’ open architecture makes it simple to integrate with popular statistical analysis tools such as Matlab or R.
“Trading firms spend an inordinate amount of time and money on managing market data,” said James Austin, CEO and founder of Vertex Analytics. “In fact, the inability to effectively store and maintain high frequency futures data is limiting their ability to be successful. Because Vertex’s historical data is an integrated part of Freeway Analytics, OptionsCity’s customers can focus on trading, not data management.”
Demonstrations of Freeway Analytics will be conducted at the OptionsCity Software booth at FIA Expo Chicago (booth #920) and a Freeway Analytics webinar is scheduled for November 20th at 2pm CST. To view details and register, please visit www.optionscity.com.
About OptionsCity Software Inc.As developers of the award-winning Metro electronic trading and market-making platform, Chicago-based OptionsCity Software has helped traders make markets and trade on the world's leading derivative markets since 2006. OptionsCity continues to innovate with the development of Freeway, a multi-asset automated trading platform designed to build, test, and deploy algorithms with micro-second execution. OptionsCity products are built on power, speed and reliability that options traders require to have full control over trading, safety, and risk management. OptionsCity is a certified Independent Software Vendor on leading global derivative exchanges and markets. For more information, please visit www.optionscity.com
About Vertex AnalyticsVertex Analytics provides technology for high-frequency and big data collection, storage and retrieval. Head-quartered in Chicago, Vertex specializes in cutting edge analytics for real-time and historical use, driving business performance so clients can maximize their talent and capital. With expertise in the financial markets and on-demand architecture, Vertex moves clients forward with improved insights and risk management. For more information please visit www.vertex-analytics.com
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