Cboe Silexx software gets enhanced

Maria Nikolova

The latest improvements include support for FLEX orders in adjusted series.

Cboe Silexx has unveiled a set of software enhancements, including:

  • FLEX orders in adjusted series (i.e., corporate actions) are now supported;
  • $ is now optional in underlying field for indices (i.e., SPX is accepted in addition to $SPX); Duplicate leg warning provides immediate notice for efficiency;
  • Risk reject messages indicate reject level (Firm, User, Account) for clarity;
  • Customize colors for side, price, and market data via File > Settings > Colors.

Cboe Silexx is a multi-asset order execution management system (OEMS) that caters to the professional marketplace. Cboe’s proprietary platform is broker-neutral, providing choice for its customers.

In terms of sell side, Silexx OEMS empowers firms to manage the full life-cycle of their client orders in a single, fully integrated platform. The platform provides firms’ trading desk with the tools necessary to manage large scale orders, access liquidity capture and alpha yielding algorithms and direct market access via Cboe Silexx’s extensive, broker neutral routing network. Firms can also manage thousand of positions through the multi-asset class and multi-currency portfolio modules, assess market risk impact and monitor day-to-day P&L.

In terms of buy side, Silexx OEMS aims to assist professional traders, hedge funds, and investment advisors. Available via cloud-based and on-premise deployments, feature-richness, advanced trading analytics, real-time risk management, low latency technology and global coverage offer advantage in the financial markets.

Read this next

Inside View

Crypto Liquidity Providers: No Transaction, No Party!

One of the most integral parts of trading cryptocurrencies is ensuring seamless transactions; however, this is not always easy when you first start using cryptocurrency exchanges.

Digital Assets

Niftables launches white label NFT platform for content creators and brands

Niftables is the go-to platform for brands and creators looking to realize their NFT vision — whether they’re an individual or the biggest entertainment company in the world.

Retail FX

ACY Securities sponsors Table Tennis NSW as CFD broker bets in Australia’s youngest

ACY Securities has partnered with Table Tennis New South Wales (TTNSW) for a two-year sponsorship agreement intended to highlight the Chatswood-based multi-asset CFD broker’s brand in Australia, with a focus on the southeastern state.

Executive Moves

Peter Hetherington appointed CEO of Capital.com, Currency.com, and Shares.com

With his extensive experience driving strategy and growth for leading wealth and brokerage firms in highly regulated markets, Peter is the ideal CEO to lead the Group on its next chapter of growth and success.”

Digital Assets

Crypto platform Elwood raises $70m from Goldman Sachs, Dawn, Barclays, BlockFi, Flow, Galaxy, more

Elwood Technologies has closed a $70 million Series A funding round co-led by Europe’s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs.

Industry News

Wilshire to launch Climate Change 1.5℃ Target Index with Nikkei and Hang Seng

Wilshire has announced a collective launch with Nikkei and Hang Seng to bring to market the first in a series of indexes empowering investors to transition their investments towards a low-carbon and climate resilient economy.

Industry News

Anne Boden’s Starling Bank bets big on UEFA Women’s EURO 2022 tournament

Starling Bank has launched a campaign ahead of the UEFA Women’s EURO 2022 tournament as part of its national sponsorship, the biggest ever for the bank.

Industry News

Older adults flock to financial apps as Revolut reports 215% more UK users aged 55-74 since pandemic

Data has also shown that older adults are back to travelling as the 55-64 UK age group has seen a tenfold increase in the amount spent in foreign countries over the past two years, and the 64-75 age group isn’t far behind with an 840% increase.

Industry News

Ripple replies to SEC’s last attempt and “shoves it down their throats pretty hard”

“The SEC really messed that up. How can Hinman receive legal advice from SEC lawyers for a personal opinion?”, attorney Hogan commented.

<