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MetroTrade, the U.S.-based futures broker for retail traders, has launched options on futures trading in partnership with Devexperts, the global software developer for the capital markets.
MetroTrade offers some of the lowest commissions in the industry, and will now provide both futures and options on futures through its platform in a single, integrated experience.
Following the launch, traders will be able to access CME-listed options on futures markets directly through the MetroTrader platform, including contracts tied to equity index, energy, metals, and more.
The new capabilities were delivered by Devexperts, MetroTrade's technology partner. Founded in 2002, Devexperts specialises in developing multi-asset trading platforms, matching engines, exchange solutions, and market data delivery services for the global capital markets industry.
Working closely with MetroTrade, Devexperts developed a specialised options on futures solution complete with a comprehensive suite of options-specific features including options chain, earnings analyser, and multi-leg options.
The addition of options on futures, which is available within MetroTrader's single account interface, will work to enhance MetroTrade's offering to futures traders in the U.S.
David Klotz, President, MetroTrade
David Klotz, President, MetroTrade said:
"Devexperts has been a strong technology partner since the beginning, and that relationship made this possible. As their first client to bring options on futures to the platform, we worked closely with their team to build the infrastructure from the ground up. What we built together is the first options on futures trading experience of its kind on the platform."
"The addition of options on futures will provide MetroTrade's traders with the opportunity to execute more advanced trading strategies with greater flexibility. We are pleased to have been able to work with MetroTrade to further enhance its already advanced offering to futures traders."
Jon Light, Senior Director of Product Management, Devexperts
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