Cboe Options Exchange enhances PULSe Trader Workstation

Maria Nikolova

The new software version for the PULSe Trader Workstation will allow entry and routing of multiple contras on complex AIM and QCC orders.

Effective today, April 6, 2020, Cboe Options Exchange (“C1”) is set to release a new software version for the PULSe Trader Workstation which will allow entry and routing of multiple contras on complex AIM and QCC orders.

Prior PULSe software versions allowed entry of multiple contras for COATS recording, but only one contra order was sent to the Exchange. The new release (version 5.7.0) has been enhanced to allow entry and routing of up to 10 contras on an order. The cumulative quantity for all contra-parties must equal the quantity of the primary order.

To utilize the new feature, users should select the Multi button from the Complex Paired entry ticket. A Multi box will open, displaying the user’s list of available accounts and a column for up to 10 multi contras with a base size for each. Selecting an account will move the selected account to a row in the multi contra column. Once the multi contras have been selected, a base size with the cumulative quantity equaling the total quantity of the primary order should be entered for each contra, then the Apply button should be selected.

An account may not be modified in the multi window. An account may be removed from the multi list by clicking the “X” to the right of the base size.

Multiple contras on single AIM and single QCC orders will be added in a later software version.

Let’s recall that, effective March 23, 2020, Cboe Options Exchange released a software version for the PULSe Trader Workstation, which reduced the minimum quantity required for entry of a paired QCC order. In version 5.6.0, a quantity of 1000 or greater was required to activate the send button on the paired QCC order entry ticket. With version 5.6.1, the minimum quantity is set to 1.

This enhancement was implemented to support VIX RFC order entry. The Exchange will still enforce a minimum quantity of 1000 for all products except VIX. When utilizing the paired QCC order entry ticket to enter VIX RFC orders, users will not be required to identify the “QCC Equity Trade Details” on the Paired order QCC ticket.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading


DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.