Printer Friendly

OptionsCity to Provide Settlement Price Solution for Nasdaq Futures, Inc.

CHICAGO, Aug. 25, 2015 /PRNewswire/ -- OptionsCity Software, a global provider of futures and options trading and analytics solutions, has been selected by Nasdaq to provide a settlement price solution for derivatives contracts traded on Nasdaq Futures, Inc. (NFX).

"This initiative is aligned with the OptionsCity vision to leverage its core competencies in pricing and analytics to be the power behind exchanges," said Dan Rooney, OptionsCity's Vice President of Global Sales. "With the flexible architecture of Metro NOW, we continue to expand our leadership in the options on futures market."

OptionsCity's settlement solution is built on top of its flagship Metro NOW platform, which includes robust pricing and risk-management analytics.

"As NFX continues to grow, it's important that we further develop our capabilities for establishing accurate settlement prices for options on futures in a timely manner," said Magnus Haglind, Vice President and Head of U.S. Commodities at Nasdaq. "Utilizing their proven software suite, OptionsCity has quickly been able to provide us with a customized solution that can easily be integrated with our leading exchange platform."

For more information about OptionsCity's exchange offerings, please visit www.optionscity.com.

About OptionsCity Software

OptionsCity Software powers the trading, risk management and analytics needs of futures and options traders, market makers, financial institutions and other market participants worldwide. OptionsCity is a certified Independent Software Vendor and a leading source of electronic options trading volume on global derivatives exchanges. For more information, please visit www.optionscity.com.

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/optionscity-to-provide-settlement-price-solution-for-nasdaq-futures-inc-300132540.html

SOURCE OptionsCity Software

COPYRIGHT 2015 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 25, 2015
Words:363
Previous Article:Hortonworks to Acquire Onyara to Turn Internet of Anything Data Into Actionable Insights.
Next Article:Collette Carroll Named "CNN Hero".
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters