OptionsCity, a versatile trading solutions provider, has announced that its Metro and Freeway platforms will be integrated by Spinaris Capital in an effort to expand its forex options trading capabilities, according to an OptionsCity statement.
OptionsCity has been particularly active recently, given the widespread use of its services and platforms across the UK and Japan. In its latest move, London-based Spinaris Capital will rely on OptionsCity’s developed hosting infrastructure and platforms for forex trading. The Metro platform is the OptionsCity's bellwether Risk Management and Trading Platform that it is most widely known for. Collectively with Freeway, OptionsCity’s multi-asset class automated trading solution, Spinaris Capital, will eye trading capabilities on CME and Eurex.
Low Latency Trading Systems in Demand
According to Adam Webb, Capital Chief Investment Officer at Spinaris Capital, in a statement on the platform utilization, "As markets continue to consolidate and expand, we require a low-latency trading system that provides direct market access to expand into new markets quickly. Spinaris Capital has found a competitive solution in OptionsCity which enables us to maximize our fast alpha models."
"Being able to offer a complete solution that incorporates both software and hosting empowers customers like Spinaris Capital to seamlessly expand the firm's trading portfolio. We are committed to serving as a partner in their global trading operation," added Darran Hodder, OptionsCity Head of London and EU. As such, OptionsCity remains a popular choice for firms given its ability to meet clients’ needs for hosting and trading software on leading exchanges such as the CME, NYMEX, ICE, LIFFE and EUREX.
