CBOE to Debut Flex Options Platform
"This [new system] is a purely screen- and Internet-based process; it's modifying something that has been done in the same way for a lot of years," says Andrew Lowenthal, vice president of business development at CBOE. "We're short of launch. … The system is ready to go and we anticipate the approval [by the U.S. Securities and Exchange Commission] any day now," he adds.
The new platform incorporates Stockholm-based Cinnober Financial Technology's Java-based TradExpress trading engine and
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