Volant Trading has expanded its execution services for options traders with advanced order routing capabilities and is making this new technology available through the REDIPlus Execution Management System.
The execution services division of Volant Trading, is now called VOLEX Execution Services, and is using specialized knowledge of the options market along with an ultra-low latency infrastructure to offer a high-speed liquidity sweep capability. Designed for option traders, VOLEX Take Out aggressively sweeps displayed and hidden liquidity, with sub-millisecond order processing times. VOLEX and VOLEX Take Out are now available through the REDIPlus EMS platform.
The options market microstructure is evolving quickly with 12 exchanges introducing different order types and complicated fee tables, explained Vishal Gupta, head of VOLEX Execution Services. Only firms that specialize in options trading can offer the continuous improvements needed to optimize order routing for a variety of trading strategies. continued Gupta.
VOLEX is Volant Tradings execution services division. VOLEX brings advanced execution capabilities and an innovative cost structure to market. Specialized for options traders, VOLEX offers a sub-millisecond, ultra-low latency routing infrastructure and the VOLEX Take Out order handling function to aggressively capture liquidity.
VOLEX is available through the FIX Protocol, REDIPlus EMS and the Bloomberg EMSX systems.
