ConvergEx Offers Custom LiquidPoint Technologies to Support Options Routing

ConvergEx Group announced that LiquidPoint is now offering futures and listed options traders a suite of customized technologies to meet their specific low latency routing and execution needs. This suite is designed for technology-demanding traders who require differing speeds and capacities for their unique trading styles, and enables customers to choose from a variety of new technologies to best suit their performance and budgetary requirements, ConvergEx said.

These services are integrated with LiquidPoint's Ultra Low Latency Options Network (ONYX), which was previously known as AORS v 2. ONYX offers users low-latency round trip times and high capacity routing to the exchanges as well as risk controls that include MassCancel, CancelOnDisconnect redundancy, colocation and, if desired, dedicated hardware.

In addition to listed options order routing, ONYX also supports equity, VIX futures and options and multi-leg orders, ConvergEx said. BLAZESM, LiquidPoint's recently announced next-generation front-end, also utilizes the ONYX network. The ONYX and BLAZE offerings can be custom fitted to suit the full range of technological needs of all options professionals, from high-frequency to more traditional traders, the vendor said in a release. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio