End-to-end electronic trading platform provider, OptionsCity Software, has received certification from NYMEX and COMEX for electronic floor trade entry. The feature will allow floor traders to submit trades from the floor to be directly submitted to front end clearing (FEC).
The feature will offer floor traders the capability to manage their positions easily, find breaks faster and streamline the clearing process. The feature will also be available on the CME and CBOT floor in recent weeks.
Click here for the release from OptionsCity Software.