May 25, 2010 11:00 ET

WhenTech Announces Opening of Chicago Office

NEW YORK, NY--(Marketwire - May 25, 2010) - WhenTech LLC, a premier provider of option pricing and risk management solutions to the commodities futures industry, announced that it has expanded its operations through opening an office in Chicago. The new office will handle sales and support for the growing number of Chicago-based WhenTech Markets® customers and WhenTech institutional partners.

WhenTech Markets® is an advanced option pricing and risk management platform offering sophisticated analytical and pricing tools, with a simple-yet-powerful user interface, featuring a Patent Pending algorithm allowing quick, point-and-click pricing for nearly all options/futures spreads. WhenTech Markets® can be optimized for either the desktop or the trading floor, and supports more than 200 commodities traded on most major exchanges.

Dave Wender, Founder and CEO of WhenTech, said, "With our being firmly established as the market leader in New York, and with a growing customer base including both desk- and floor-based traders in Chicago, I am confident that our new office will facilitate greater market penetration as well as the ability to offer face-to-face support and training to Chicago-based users. Our convenient location in the retail space of the historic Chicago Board of Trade building places our support staff within steps of the trading floors of the Chicago Mercantile Exchange, Chicago Board of Trade and Chicago Board Options Exchange. It is our sincere hope that any commodities option trader, broker or clerk will visit the office to learn more about how WhenTech Markets® can be of help to them."

The WhenTech Chicago office is located in The Chicago Board of Trade Building at 141 West Jackson Blvd., in the South Retail Concourse close to the West Van Buren St. entrance to the building.

About WhenTech
WhenTech LLC is a leading provider of technology, software and information services to the commodities industry, including traders, brokers and various exchanges throughout the world. Through its core pricing and risk management software, WhenTech Markets®, the Company is truly defining "The Future of Options®". WhenTech is headquartered in New York City, with on-site customer support offices at CME/CBT in Chicago and NYMEX in New York. Learn more about WhenTech and take a tour of WhenTech Markets® at www.whentech.com, or visit our blog at http://blog.whentech.com.