FlexOPT is an options trading system for both buyside and sellside institutions engaged in agency, facilitation and/or proprietary trading. The system provides you with direct access to all options exchanges, leading broker algorithms, fully customizable algorithms and various options trading strategies, such as dispersion trading, volatility trading and cross asset trading for quantitative trading, order management and execution management.
FlexOPT supports multi-leg exchange-defined-spreads (EDS) as well as algorithmic slice-and-dice user-defined-spreads (UDS). And with the system's built-in options pricing models, risk can be monitored by you (and your risk manager) in real-time using the calculated Greeks and/or by integrating with your own risk management system. FlexOPT also allows you to automatically stay delta-neutral, and when you are long volatility, to engage in automated gamma scalping.
FlexOPT offers a comprehensive order management system, which covers sales trading, position keeping, post-trade allocations, GTC orders, compliance reports and the ability to receive FIX-based single leg and multi-leg orders.
With FlexOPT, sellside institutions can also offer a comprehensive suite of Best Execution algorithms for single as well as multi-leg orders with or without a stock component.