Citadel Securities joins Fenics GO electronic trading platform

Maria Nikolova

Citadel Securities joins IMC, Maven Securities and Optiver in providing committed two-way liquidity in Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies through the Fenics GO platform.

Fenics GO, a division within international brokerage and fintech company BGC Partners (NASDAQ:BGCP), today announces that global market maker Citadel Securities has joined its electronic trading platform for exchange listed futures and options.

Citadel Securities joins IMC, Maven Securities and Optiver in providing committed two-way liquidity in Eurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies through the Fenics GO platform.

Jonathan Finney, Head of Global Equity Development at Citadel Securities said: “Joining Fenics GO aligns with our support of electronic markets and provides yet another opportunity for us to serve the liquidity needs of the options trading community. We are excited to become a liquidity provider on this platform and look forward to benefitting the market through our participation.”

BGC Partners announced the launch of Fenics Global Options (Fenics GO), its pioneering electronic trading and market data generation platform, involving the arrangement and execution of exchange listed futures and options, back in July 2019. Fenics GO, in collaboration with industry leading liquidity providers, launchesdEurex listed Euro Stoxx 50 Index Options and related Delta 1 strategies allowing global traders to access liquidity electronically and anonymously, whilst being fully integrated into the Eurex workflow to enable seamless front to back processing of cleared trades.

Fenics GO is a fully electronic marketplace that combines complementary protocols to enable the dynamic work-up of multiple trading interests, enabling traders to access and interact directly with numerous liquidity sources quickly, securely and efficiently.

Read this next

Digital Assets

Top exec at BitMEX pled guilty US Bank Act violations, pays $150K fine

BitMEX’s head of business development, Gregory Dwyer pled guilty to violating the US Bank Secrecy Act (BSA) and allowing customers to use the platform to circumvent the federal anti-money laundering rules.

Retail FX

CySEC slaps €150,000 fine on FXBFI, operator of 101investing brand

The Cyprus Securities and Exchange Commission (CySEC) today announced that it has reached a settlement with FXBFI Broker Financial Invest Ltd, trading as 101investing, ordering the firm to pay €150,000 for violating the Investment Services and Activities and Regulated Markets Law.

Retail FX

X Open Hub expands multi-asset offering with new cryptocurrencies and indices

X Open Hub, a multi-asset liquidity provider, announced today that it has extended its offering with inclusion of 30 new cryptocurrencies and two emerging market indices.

Retail FX

Interactive Brokers now offers 24/7 access to crypto trading

Interactive Brokers Group, Inc. (NASDAQ: IBKR) has widened access to cryptocurrency trading for its clients. Specifically, the discount broker extended trading hours for its cryptocurrency products to be traded 24/7, including on the weekends.

Inside View

Natural Language Generation for Multi-Language Social Media Strategies 

Natural Language Generation (NLG) is a crucial growth area in the digital landscape, with the unique potential to be used across multiple industries.

Market News, Technology

The B2Core Android App is Now Available For Download

The first version of the B2Core Android app is available for download, and it has many beneficial features for users.

Digital Assets

XBO taps custodian Fireblocks ahead of crypto exchange’s launch

XBO.com has integrated with digital asset and crypto technology platform Fireblocks ahead of the crypto exchange’s upcoming launch.

Industry News

Appital raises another £1.7m after integrating with FactSet, FlexTrade, and TS Imagine

“Appital has a proven track record in securing partnerships with major EMS providers, executing brokers and a trading venue to address the lack of efficiency and control over existing bookbuilding and deal distribution processes.”

Digital Assets

Tim Draper backs crypto-focused asset manager OSD in seed round

“The Old Street Digital team is well-positioned to provide access to a range of research-backed, crypto-based investment funds, and we at Draper Associates are excited to support them.”

<