option trading
Wex has its roots in derivatives trading, and it remains Wex’s specialty. Wex’s options functionality is unsurpassed, giving traders the tools they need to successfully compete in today’s trading environment. Real time data is dynamically streamed and packaged giving traders an in-depth look into the options marketplace empowering them with an abundance of data. Expressing your views has never been more simple with one click order placement, volatility trading and spread trading.
option quote cube
- displays book depth across multiple exchanges or filterable by exchange
- view quotes consolidated by price or average liquidity
- highly customizable to show greeks, open interest, and other options information
- view historic volatility charts
- integrated display of live orders with the ability to trade or amend with one click
spread builder
- aggregates all option exchange complex order books
- access and interact with all complex orders
- build customized spreads
- real time spread pricing
- filter spreads by selected criteria
volatility trader
- orders are entered based on volatility bid and offer levels
- automatically hedges with underlying stock based on dynamic delta
- correlation tool relates option valuation models to the volatility implied in the volatility trader application
- configurable montage to display real time trading and market information
- built in safeguards such as user defined stop losses based on price or volatility changes
- all orders can be efficiently maintained and modified through the managed orders console
spread trader
- multi-asset class trading application that supports any pair of securities with controlled spread risk
- ability to trade any pair of stocks, options, or futures
- individual legs can be routed to any U.S. exchange
- supports cash adjustments and currency translations
- maintains spreads to edit and reload at any time
- apply conditions to determine when spreads go live
sector viewer
- aggregate and configure real time options market data for customizable analysis
- drill down approach to identify large trades, unusual volume and trading activity
- provides detailed information on different industry sectors related to options trading
- powerful tool for forensics and idea generation
time and sales
- filter stock and options print in real time
- review data going back 3 months
- sort and aggregate prints based on dozens of variables including custom fields
- combine up to 99 tickers in a single montage for bulk analysis
facilitation/crossing
- dynamically allocate executions at end of day, including CMTA and DVP
- facilitates execution reporting to third parties
