Vela Trading Technologies Acquires OptionsCity Software

[kreslik.news]

Vela Trading Technologies today announced that it has entered into a definitive agreement to acquire Chicago-based OptionsCity Software, a comprehensive provider of futures and options trading and analytics solutions. Vela expects the closing of the acquisition to occur later this month but the financial terms of the sale were not disclosed.

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By combining Vela’s market data technology with OptionsCity’s low-latency futures and ‎options trading platform, the New York-headquartered firm will provide customers with a single interface to aggregate access to diverse analytics and risk management tools, and enhances ... (read more)