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.

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