Chicago, November 11, 2009 – OptionsCity Software, a leading developer of electronic
trading solutions for options traders and market makers, and ACTIV Financial, a leading global
provider of fully managed low-latency market data solutions, announced today that they have
entered into a strategic partnership. ACTIV will now provide OptionsCity equity options
traders with additional feeds, both direct and fully managed consolidated market data feeds.
“ACTIV has consistently partnered with innovative independent software vendors to provide
customers the most comprehensive solution possible,” said Frank Piasecki, Co-founder and
President of ACTIV Financial. “Being chosen by OptionsCity to provide the company’s trading
platform with additional market data feeds demonstrates our dominance in options market
data and beyond.”
“The level of ACTIV’s expertise in providing low latency market data will allow OptionsCity to
continue delivering the industry’s most innovative trading platform. We have taken aggressive
strides to provide a high performance solution for electronic traders and ACTIV will assist us to
continue delivering extreme performance with their hardware accelerated solution,” said
Hazem Dawani, President and CEO of OptionsCity.
ACTIV will deliver both direct and fully managed consolidated market data feeds to OptionsCity
clients. Using ACTIV’s market data infrastructure behind-the-scenes, OptionsCity clients will
benefit from ultra-fast data access and the ability to open the door to view and analyze new
markets and underlying data.
OptionsCity Metro is a fully configurable electronic trading platform that creates a distinctive
edge by enabling options traders to have full control over trading, safety and risk
management. This state-of–the-art powerful solution enables traders to leverage their trading
knowledge and expertise into increased profits. With high levels of performance, OptionsCity
helps to automate the market making and trading strategies while the innovative graphical
representation and framework allows traders to expand their trading portfolio.
OptionsCity is a certified ISV (Independent Software Vendor) on the CME, CBOT, CBOE, CFE,
CBSX, NYMEX and ICE.