Keeping it Simple

Trading equity derivatives has never been easier. Simultaneously request two-way multiple dealer quotes without revealing your trade direction. Enjoy seamless integration that reduces risk and automatically books trades. 

Key Features:

  • Trade multi-leg options strategies across the U.S. and Europe
  • Execute European equity futures
  • Access the global universe of convertible bonds

 

Markets

  • Liquidity Providers
    Liquidity Providers chevron_right 10 providers
  • Products Products Options on all U.S. listed single stocks, ETFs and equity indices
  • Trade Lifecycle
    Trade Lifecycle chevron_right
  • Pre-Trade chevron_right At-Trade chevron_right Post-Trade chevron_right

    National Best Bid and Offer (NBBO)


     

    Protocols

    RFQ




    Trade Types

    Risk (Block)

    Delta Worked

    Delta Tied (Exchange)

    FLEX

    Over-the-Counter (OTC)

    Listed Option


     

    Audit Trail/Compliance Records

    Straight-Through-Processing (STP)

    Execution Reports

    Liquidity Provider Performance Reports

    Best Execution Metrics

  • Market Regulation
    Market Regulation chevron_right
  • U.S. Customers: FINRA best execution; FINRA trade reporting; TRACE reporting; Fiduciary Rule, NAIC Guidelines

    Europe Customers: MiFID II - requires companies to report details of their transactions, such as price and trade volume data to provide customers with greater transparency into the commission-based advisory model.
  • Trading Hours
    Trading Hours chevron_right
  • Americas
    9:30 am New York time open
    4:00 pm New York time close

     

  • Liquidity Providers
    Liquidity Providers chevron_right 19 providers
  • Products Products Listed and OTC Options on all European single stock and index options Listed Futures on all European index and single stock Index option on all Major Asian Exchanges
  • Trade Lifecycle
    Trade Lifecycle chevron_right
  • Pre-Trade At-Trade Post-Trade

    Axes

    Live Exchange Price

    Historic Hit Rates

    Streaming Prices

     

    Protocols

    RFQ

    Automated Intelligent Execution (AiEX)



    Trade Types

    Risk (Block)

    Net Asset Value (NAV)

    Lists

    Switch

     

    Audit Trail/Compliance Records

    Execution Reports

    Liquidity Providers Performance Reports

    Best Execution Metrics

    Transaction Cost Analysis (TCA)

  • Trading Hours Trading Hours
  • Europe
    7:30 am London time open
    6:00 pm London time close

Product Resources

News & Insights

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, comparisons, recommendations, statistics, or other technical data will be supplied upon request.