FlexTrade Systems, a provider of multi-asset algorithmic execution management systems, yesterday announced that its clients now have direct access to NYSE Arca Options through FlexOPT, its algorithmic options trading and risk management solution that enables users to minimise market impact, transaction costs, and risk exposure.
“It’s a perfect fit for us,” says Vijay Kedia, president and CEO, FlexTrade Systems. “NYSE Arca Options speed and transparency not only enhances the ability of FlexOPT, but its competitive price structure creates the ideal trading situation for our clients,” he adds.
FlexOPT, which is used for algorithmic options trading, also offers one-click trading for single options or multi-leg trading strategies, integrated smart routing and sweeping, the ability to view real-time streaming prices and sizes, and rules-based strategies that provide algorithmic executions and automated market making with real-time risk control.