Volant Trading has expanded execution services for options traders with advanced order routing capabilities and availability through the REDIPlus Execution Management System.
The execution services division of Volant Trading, now called VOLEX Execution Services, is using specialised knowledge of the options market along with an ultra-low latency infrastructure to offer a high-speed liquidity sweep capability.
Designed for option traders, VOLEX Take Out aggressively sweeps displayed and hidden liquidity, with sub-millisecond order processing times. VOLEX and VOLEX Take Out are now available through the REDIPlus EMS platform.
“The options market microstructure is evolving quickly with 12 exchanges introducing different order types and complicated fee tables,” says Vishal K Gupta (pictured), head of VOLEX Execution Services. “Only firms that specialise in options trading can offer the continuous improvements needed to optimize order routing for a variety of trading strategies.”
“We’re excited about this new relationship with VOLEX Execution Services,” says Goutam Nadella, chief product officer of REDI Global Technologies. “By offering connectivity to VOLEX through REDIPlus EMS, we’ll provide users with cutting edge technology and a robust suite of options trading tools for all strategies.”
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