Cboe Silexx Rolls Out Version 24.8 with FLEX Ticket

Cboe Silexx, the multi-asset order execution management system (OEMS) has introduced several key improvements with the release of version 24.8.

About the Version 24.8

Cboe Silexx has launched version 24.8, introducing several key enhancements. This includes:

What Does It Mean?

Here is what it means for users.

Enhanced Theoretical Pricing in FLEX Ticket

Traders now have access to more accurate theoretical pricing and Greeks for fixed price-type options, thanks to Hanweck’s technology. This allows for better-informed decision-making, as users can model option prices based on implied volatility and custom parameters. By applying prices leg-by-leg or to the entire option structure, traders can quickly assess complex strategies. Also, they can improve flexibility and efficiency in managing multi-leg trades.

Streamlined Workflow

The ability to apply prices to individual legs or all at once simplifies the trading process, reducing the time and effort needed to price and execute complex trades. This added control over pricing helps users fine-tune their strategies with precision, enhancing their overall trading performance.

API Integration for Greater Automation

The introduction of gRPC, REST, and .NET APIs enables users to automate key aspects of their trading workflow. They can now place orders, monitor transactions, and get real-time portfolio updates programmatically. It integrates their strategies more seamlessly into their trading systems. 

Testing in Certification Environment

For developers and traders, access to Cboe’s certification environment provides a safe space to develop and test their systems without risking live market exposure. This ensures that any new features or strategies can be rigorously vetted before implementation, minimizing the risk of errors in live trading.

About Cboe Silexx

Cboe Silexx is a premier multi-asset class, broker-neutral trading platform offered by Cboe Global Markets. It serves as an advanced order execution management system designed to meet the needs of various financial market participants, including independent RIAs, institutional advisors, and individual traders.

Way Ahead

Looking ahead, Cboe Silexx is poised to continue enhancing its platform to meet the evolving demands of professional traders. With the release of advanced APIs, Cboe is likely to attract more developers and foster greater integration with external systems, promoting automation and customization.

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