Category: ET-Options TradingOn 09 May 2008 in ET-Options Trading, Electronic Trading 
New York-based Ballista is awaiting regulatory approval for its planned electronic equity options liquidity pool for block trades and delta-neutral or complex transactions. Offering electronic access to both public and non-public options markets, Ballista seeks to address fragmentation in the options marketplace and traders’ difficulty in finding liquidity.
On 11 Feb 2008 in ET-News in Brief, ET-Options Trading, Electronic Trading
The International Securities Exchange (ISE) and Eurex are to jointly develop a new Options Trading System for ISE. This step marks the first joint initiative following the merger of the two companies, which was completed on December 19 2007. The development of the new system will be a multi-year effort that will draw upon the expertise of both ISE and the entire Deutsche Börse Group’s technology teams. While the new system is under development, ISE’s options exchange will continue to operate on the OMX CLICK technology platform, and ISE will continue to work with OMX to support as well as enhance the current system. Eurex and ISE are currently finalizing plans for the joint development effort and expect the new platform to launch in early 2011.
On 01 Sep 2007 in ET-Options Trading, Electronic Trading
BNY ConvergEx Group (ConvergEx) has expanded the multi-asset class execution capabilities that it offers its buy side clients with the launch of a new trading desk that will offer both broker-assisted and fully electronic options trading.
A-Team’s Algorithmic Trading Directory, now available, is an easy-to-use reference guide providing the industry’s only apples-to-apples comparison across the algorithmic trading models on offer from sell-side institutions. The directory provides a series of detailed supplier profiles with descriptive information on the algorithms available, and analyses of who should be using them, under what market conditions and when.
On 01 Jul 2004 in ET-News in Brief, ET-Options Trading, Electronic Trading
ActForex Inc. has introduced FX options trading on the Internet Currency Trading System (ICTS) it operates for banks, FCMs, and broker/dealers, which already offered trading in spot FX and contracts for difference.
On 01 Apr 2004 in ET-News in Brief, ET-Options Trading, Electronic Trading
Reuters has acquired the remaining 50% of ICor Brokerage, its joint venture with ICor JV Holdings. The deal strengthens Reuters’ commitment to provide order-matching capabilities in the foreign exchange markets. With its FX options capabilities, ICor complements Reuters’ existing systems in spot and forward foreign exchange. ICor’s capabilities will be accessed by users via Reuters’ Dealing 3000 keystations.
