OptionsCity Taps Dan Rooney as Vice President of Global Sales

OptionsCity Software, a provider of electronic trading solutions for professional futures and options traders, has appointed Dan Rooney as its newest Vice President of Global Sales, according to an OptionsCity statement.

In his new role as the Vice President of global sales at OptionsCity, Mr. Rooney will be tasked with leading the company’s global sales force in Chicago, New York, and London. Furthermore, he will be responsible for maintaining and growing the company’s global client base.

Mr. Rooney joins OptionsCity from Eze Software Group, where he served as the managing director of sell-side sales. Prior to this, he was the CEO of RealTick EMS, in addition to other senior level roles.

According to Hazem Dawani, CEO and cofounder of OptionsCity in a recent statement on the appointment, “OptionsCity continues to push the bounds of what professional trading software can achieve, most recently with the launch of our fully modular and customizable Metro NOW. With his experience and track record, Dan will help accelerate OptionsCity’s growth and expansion into new international markets, while solidifying our position as the best choice to trade futures and options on futures.”

“Dan understands what it takes to build and lead a winning team. He has held a diverse set of roles throughout his career, and in each, he demonstrated the ability to build world-class teams and drive results,” he added.

“With Metro NOW, OptionsCity moved to the forefront of innovation in professional trading software development. I am excited for the opportunity to help the company educate the market about Metro NOW’s unique ability to simplify trading, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and market making,” noted Mr. Rooney in an accompanying statement.

Last month, OptionsCity and Nasdaq reported a new cooperation that aimed to bolster the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term’s global commodity derivatives business. Under the agreement, OptionsCity is recognized as a preferred independent software vendor for the exchange’s Nasdaq Futures (NFX) entity, a US-based designated contract market (DCM).