Vela Trading Technologies Acquires OptionsCity

Vela Trading, a global leader in enterprise-grade market data and trading technology, announced that it has acquired OptionsCity, an electronic trading and market-making platform.

OptionsCity is a certified Independent software vendor on leading global derivative exchanges and markets, and its products provide traders with full control over trading, safety, and risk management. The company has developed Freeway, a multi-asset automated trading platform designed to build, test, and deploy algorithms with microsecond execution.