OptionsCity Supports Access to Brazilian Exchange
OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that the firm has completed certification through CME Group’s Global Partnership for trading on BM&FBOVESPA, Brazil’s largest equities and derivatives exchange.
As a result of successfully completing certification OptionsCity’s customers can place multi-asset orders on BM&FBOVESPA contracts via the existing Globex electronic trading platform, leveraging improved market data speeds through CME Group’s low latency north-to-south connection.
“This certification will ensure seamless access to Latin American markets for our clients,” said Timo Pentner, COO at OptionsCity, “Our clients can continue to leverage global market opportunities, low latency connectivity, and robust mass quoting through our flagship platform, Metro.”
Through order routing agreements between CME Group and BM&FBOVESPA, high speed and high capacity international connection between both data processing centers allows access to liquid markets, increases to trading capacities and price arbitrage opportunities between markets and securities.
This news arrives on the heels of OptionsCity’s Metro 5.2 release, which revs up automation and risk management in extended performance.
OptionsCity is planning a major product release set to be revealed in the 4th quarter of 2014. Visit OptionsCity at Booth #920 at FIA Expo Chicago November 4th – 6th to see how this next generation software allows users to Build Their Own Experience.