OptionsCity Software has launched a server-based, multi-asset platform for algorithmic trading strategies. Freeway will allow traders to customize algorithms in either Java or Scala code. These algorithms will execute trades, dynamically reconfigure themselves based on changing market conditions and perform market analysis, such as historical comparisons and risk monitoring. The main benefits offered by the platform include ultra-low latency and micro-second execution, a complete environment to easily and quickly build, test and simulate, deploy and execute algorithms, as well as an intuitive interface. Freeway fully integrates with OptionsCity Metro’s centralized server-based risk management to supervise the risk associated with trades.
Click here for the release from PR Newswire.