SHORT STORIES

SHORT STORIES

AUTEX TEAMS WITH PACIFIC EXCHANGE FOR OPTIONS TRADING

SEC has approved pilot linking the 900 broker-dealers and institutional investors using Autex's Trading Information System with market makers and floor brokers on PSE's options trading floor. Participants on PSE options floor will communicate indications of interest in specific spreads, straddles, and combinations to TIS users. Customers or firms wishing to respond must place order to be executed on floor by broker of choice. Pilot began June

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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