Quantitative Brokers (QB), a broker-dealer and provider of clearer and dealer-neutral agency algorithms for fixed income and futures markets, announced the launch of its best execution algorithmic offering on the Chicago Board Options Exchange's Futures Exchange (CFE).
Specifically, QB will focus on offering its buy- and sell-side clients best execution algorithms for CFE's Volatility Index (VIX) futures.
VIX futures contracts, which are based on equity index options traded through CBOE, have limited traction for algorithmic offerings due to their non-standard structure, according to the release.
QB already has multi-market data feeds in place that include real-time options pricing. These algorithms will not only see the VIX futures, but the underlying options as well.
Waters Wavelength Podcast Episode 75: An Update on the Julia Programming Language; AI & Alternative Data; Digital Currencies
Julia Computing's Viral Shah talks about the programming language he helped create and what's ahead for it. Then James and Anthony talk about the pairing of AI & alternative data, digital currencies, and Game of Thrones.Subscribe to Weekly Wrap emails