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.
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails