OptionsCity Software, Inc.

OptionsCity Software, Inc. offers trading technology and market data solutions, enabling clients to conduct automated and algorithmic trading across futures and options markets. Their innovative platform is designed to enhance trading efficiency and performance. OptionsCity Software, Inc.

was founded in 2006 and is headquartered in Chicago, US. The company specializes in trading technology solutions and has undergone significant growth since its inception. Justin Killian, one of the founders, has been instrumental in establishing the company as a key player in trading technology. In June 2017, OptionsCity Software, Inc.

completed a Series A funding round, raising USD 5. 00 mn led by Edison Partners, which contributed to their strategic initiatives. The company has secured a total of USD 5. 00 mn through its funding rounds, with two deals in total.

Most recently, Vela Trading Technologies, LLC, a portfolio company of Insight Venture Partners, entered into an agreement to acquire OptionsCity Software, Inc. on June 20, 2017, with the acquisition expected to be finalized in the second quarter of 2017. OptionsCity Software, Inc. provides advanced trading technology and market data solutions tailored for capital markets.

Its flagship product, the Metro trading platform, supports proprietary traders, asset managers, and brokers in implementing automated, algorithmic, and click trading strategies across major US and European markets. Metro enhances operational efficiency, featuring customizable workflows and integrated risk management tools, as well as sophisticated price modeling capabilities. Additionally, the Metro Store Front offers a marketplace for users to access custom applications developed by partners and internal teams, primarily catering to clients in North America and Europe. OptionsCity Software, Inc.

operates under a subscription-based revenue model, where clients pay for access to the Metro trading platform and its features. The company primarily engages in B2B relationships with institutional clients such as market makers, hedge funds, and exchanges. Each service agreement outlines the access scope to market data feeds and trading execution services, with pricing tailored to clients' specific needs and operational scales. This model allows OptionsCity to position itself as a vital partner for organizations looking to optimize trading performance and manage risks effectively.

Following the Series A funding round, OptionsCity Software, Inc. plans to leverage the capital to expand its product offerings and enhance its technological capabilities. The company is also targeting expansion into new geographic markets, with a focus on increasing its presence in Europe and Asia by late 2018. The acquisition by Vela Trading Technologies is anticipated to further augment OptionsCity's reach and resource base, enabling the development of new products and services in response to evolving market demands.