A short interview with Danny Maguire, VP Program Management Office at OptionMonster, a Chicago-based financial company that provides private investors with insight, ideas, and education on the US equities and options market.
Let’s talk about your organization. What is your core business?
"optionMONSTER® is a Chicago-based company that provides stock market insight, option trade ideas, and options education to meet the needs of do-it-yourself investors.
tradeMONSTER™, a powerful online trading platform for active stock, option and futures traders who demand professional grade online trading tools, has been launched in 2008, separated from but affiliated with optionMONSTER®.
stockMONSTER®, founded in 2006, is the third member of the family and helps self-directed investors to read news and analysis in order to invest with confidence".
What do you do for OptionMonster and what are you responsible for?
"I have a variety of responsibilities including managing technology projects, market data, vendor relationship management, contracts, intellectual property, technology business development, proposal writing, budgeting".
Who is the typical user of your product or service?
"Our typical user is an active investor or trader who engages in equity options strategies".
"We use Lightstreamer to provide streaming data to our brokerage application, tradeMONSTER".
Is your main application based on HTML or other front-end technologies?
"We have a Flex-based front end for desktops and an HTML5-based front end for mobile devices".
Do you provide any native apps for smartphones and tablets?
"We provide hybrid apps for iOS and Android".
What other features of Lightstreamer are you taking benefit from (e.g. data throttling, low latency, bandwidth management, security, smart proxy traversal, etc.)?
"We are using all of these features".
Is your product or service visible at any URL (publicly or registration based)?
"You must be registered to use our product. Join us!"
Any comments on your experience integrating Lightstreamer?
"We are very satisfied with our decision to use Lightstreamer. It has proven to be a reliable, scalable and cost-effective product. We also sincerely appreciate the excellent technical support we receive from the Lightstreamer team".
tradeMONSTER has been selected as a finalist for a 2013 Illinois Technology Association (ITA) CityLIGHTS Award, for the “Outstanding Technology Development Award.”
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