Volatility / Hedging
Dynamically hedge your options trades with underlying equity based on your specified volatility price or automatically hedge executed options positions by immediately sending out designated hedges in the underlier or other products.
Vol Trader: Provides the ability to trade an option while hedging with its underlying product based on market volatility.
Volatility chart viewer: Compare implied vs. realized volatility over multiple timeframes; overlay multiple products; and link news feeds through point and click functionality.
Vega Trader: Efficiently put on or take off volatility positions. Define a target vega amount for a specific underlier and load up to 40 different strikes.
Hedge Agent: Automatically hedge executed options positions (including options spreads) with stock or futures based on the delta.
Trade any pair of stocks, options and/or futures interchangeably with the ability to apply cash adjustments for arbitrage situations.
Spread Trader: Trade any pair of stocks, options, and/or futures interchangeably with the ability to apply cash adjustments for arbitrage situations. Advanced spread functionality for risk arbitrage, pairs trading, and putting on/taking off horizontal or vertical options spreads.
Spread Builder Full-featured complex option order builder/viewer with the ability to view all COB data.
Spread Viewer: Define and track multi-leg spreads.
Spread Book: Display resting spread orders from various exchanges.
WEX's programming API provides software developers a framework to develop feature rich applications that can leverage our mature and robust proprietary trading platform. Utilizing Microsoft's .Net framework and COM interface, the WEX API is compatible with a number of languages including C#, VisualBasic, VBA, and C++. From order placement and position management to crafting complex trading strategies, the WEX API provides the tools you need to get the job done.
Spread, Crossing and Standard Baskets.
Quickly route, adjust and reload lists of securities while easily managing multiple baskets.
• Trade equity, option, and/or futures products in a single basket.
• Create, view, update, and monitor your baskets from a single screen.
• Customize route destinations.
• Easily import and export from excel and other applications.
Eliminate the need to manage multiple systems or re-key trade data with applets that can help you better manage risk and meet your compliance needs.
Staged Order Ticket: Introduce orders to WTP with the intention to trade. Attach new orders to the same symbol and reduce order amounts.
Position Allocator: Redistribute positions across various accounts.
Report Trade Ticket: Enter “done away” orders.
Position grid: Display orders from a portfolio, account, or firm.
Data and Analytics
Real-time intelligence tools give you the market data and news you need to keep you informed and guide trading decisions. Analytical applets help you categorize and evaluate current positions and initiate trades.
Option/Equity Time and Sales: Tick-by-tick details and the ability to view advanced trade analytics on one or more underliers.
Option Sector Viewer: View exchange-traded print volume and analytics.
Chart Viewer: Visualize price and volatility data.
Basic Order Entry
Utilize the standard order ticket or view quotes and trade with one click in the equity and option quote cubes.
Equity/Option Quote Cube: Integrated market data viewer for all asset classes.
Spread, Crossing, Algorithm, and Standard Order Tickets: Fully customizable tickets support advanced and basic order types for equities, options and futures.
Time Slicer: Splits large orders into smaller orders over a consistent time interval. Quantities and time intervals can be randomized.